BUZZ-Australia-listed GQG Partners hits near-3 month high on annual profit beat

Reuters
14 Feb
BUZZ-Australia-listed GQG Partners hits near-3 month high on annual profit beat

** ASX-listed shares of GQG Partners GQPIL.PK, GQG.AX rise as much as 5.5% to A$2.5, their highest level since Nov. 21, 2024

** Asset manager reports full-year net profit attributable of $431.6 mln, up 52.8% y-o-y, and beating a consensus estimate of $421 million, according to analysts at Jarden

** Co posts a 47% rise in FY revenue, and hikes dividend by 50%

** Stock up 19.1% this year, including the day's move

(Reporting by Aaditya Govind Rao in Bengaluru)

((Aaditya.govindrao@thomsonreuters.com;))

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