Key points
- Revenues from ordinary activities up 16.7% to $27,643
- Profit from continuing operations after tax up 150.5% to $75,707
- Earnings per share up 139.6% to 36.9 cents
Full summary
Pinnacle Investment Management Group Ltd has released its Appendix 4D Interim Report for the half-year ended 31 December 2024. The company reported a 16.7% increase in revenues from ordinary activities to $27,643, and a 150.5% increase in profit from continuing operations after tax attributable to shareholders to $75,707. Earnings per share on a statutory basis also increased by 139.6% to 36.9 cents. The company declared an interim dividend of 33.0 cents per share, with 23.8 cents per share franked. Pinnacle Investment Management Group Ltd has continued to grow its portfolio of associate and joint venture entities, which contributed $74,313,000 in aggregate share of net profits for the current period, up from $37,319,000 in the previous corresponding period.