WT Financial Group (ASX:WTL) climbed to a nearly four-year high on Wednesday after it reported its preliminary results for the first half of the fiscal year.
Underlying net profit before tax for the six months ended Dec. 31, 2024, surged nearly 36% year on year to AU$2.5 million from AU$1.8 million in the same period a year prior, according to a Tuesday filing with the Australian bourse.
Underlying revenue and other income soared 34% to AU$103.3 million from AU$79.6 million year on year, the filing said.
The board expects to declare an interim dividend of AU$0.002 per share.
The financial adviser's shares climbed 8% in recent trade to its highest since mid-2021.
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