Pinnacle Investment Reports Strong Profitability for HY19

  • Feb 06, 2020 AEDT
  • Team Kalkine

Pinnacle Investment Management Group Limited (ASX:PNI) provides an interim financial report for the half-year ended 31 December 2019.

  • Revenue from continuing operation stood at $11.41 million for the period, up by ~33 per cent against the previous corresponding period (or pcp).
  • The profit for the half-year stood at $13.82 million, up by ~36.77 per cent as compared to pcp.
  • The Basic EPS for the half-year 2019 stood at $0.81, significantly up as compared to the EPS of 0.61 in the pcp.
  • Diluted EPS stood at $0.77 for HY2019, up by ~35 per cent against pcp.

 

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