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Plenti Group Ltd. ( (AU:PLT) ) has shared an announcement.
Plenti Group Ltd. reported significant financial growth for the first half of 2025, with a 147% increase in cash profit before tax and a 133% rise in cash net profit after tax compared to the previous year. The company’s loan originations reached $912 million, marking a 46% increase, while its loan portfolio grew to $2.83 billion. Plenti’s advancements in technology and strategic initiatives, such as the successful launch of the WA Residential Battery Scheme and the ‘NAB powered by Plenti’ car loan product, have reinforced its market position and operational efficiency, contributing to its strong profitability and anticipated tax obligations.
The most recent analyst rating on (AU:PLT) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Plenti Group Ltd. stock, see the AU:PLT Stock Forecast page.
More about Plenti Group Ltd.
Plenti Group Ltd. operates in the financial services industry, focusing on providing technology-driven lending solutions. The company offers a range of loan products, including automotive loans, and is recognized for its leadership in household clean energy finance.
Average Trading Volume: 421,372
Technical Sentiment Signal: Buy
Current Market Cap: A$218.9M
For an in-depth examination of PLT stock, go to TipRanks’ Overview page.