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Kina Securities Ltd. ( (AU:KSL) ) has provided an update.
Kina Securities Limited celebrated its 40th anniversary, marking a year of significant progress and transformation. The company reported strong financial results for 2024, with a notable increase in net profit and market share in lending and deposits. The growth was driven by increased revenues from foreign exchange and digital channels, alongside strategic investments in core capabilities. The company’s strategy focuses on sustainable growth, expanding its customer base through inclusive financial services, and maintaining a strong market position.
The most recent analyst rating on (AU:KSL) stock is a Buy with a A$1.22 price target. To see the full list of analyst forecasts on Kina Securities Ltd. stock, see the AU:KSL Stock Forecast page.
More about Kina Securities Ltd.
Kina Securities Limited operates in the financial services industry and is recognized as Papua New Guinea’s second-largest bank. The company offers a range of banking services, including foreign exchange and digital channel revenues, and has a significant presence in wealth management, which is the largest in PNG.
Average Trading Volume: 282,821
Technical Sentiment Signal: Buy
Current Market Cap: A$349.4M
Learn more about KSL stock on TipRanks’ Stock Analysis page.