COG Financial Services Limited (AU:COG) has released an update.
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COG Financial Services Limited reports a mixed financial performance in Q3 FY24, with robust growth in its Novated Leasing segment due to organic expansion and strategic acquisitions like Paywise. Despite a challenging trading environment, the company’s Asset Management & Lending segment faced pressure from rising funding costs, affecting margins. COG’s CEO remains optimistic about the company’s resilience and future growth potential with stabilizing interest rates.
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