Sancus Lending Group Limited (GB:LEND) has released an update.
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Sancus Lending Group Limited reports a 39% increase in revenue for the first half of 2024, reaching £7.5m, and assets under management rising to £209m despite challenging market conditions. The company has seen a reduction in operating loss to £1.5m from £3.3m in the previous year and remains optimistic about future profitability driven by strategic partnerships and disciplined cost management.
For further insights into GB:LEND stock, check out TipRanks’ Stock Analysis page.
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