(Adds details in paragraphs 3 and 4)
Feb 13 (Reuters) - Australian financial conglomerate Macquarie Group (MQG) reported weak performance for the nine-month period on lower profit contributions from its annuity and market-facing businesses.
The financial conglomerate, which does not disclose profit figures in quarterly updates, said lower asset realisations in green investments led to a fall in net profit for its asset management segment.
Fiscal 2024 year-to-date net profit contribution from commodities and global markets segment fell due to "exceptional" strength in commodities in the corresponding period, the company said.
Macquarie, however, said it remains well-positioned to deliver superior performance in medium-term.
(Adds details in paragraphs 3 and 4) Feb 13 (Reuters) -...
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Last
$214.15 |
Change
0.310(0.14%) |
Mkt cap ! $81.62B | |||
| Open | High | Low | Value | Volume |
| $214.40 | $215.13 | $212.81 | $166.5M | 773.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 227 | $214.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $214.28 | 215 | 1 |
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| Last trade - 16.11pm 25/07/2025 (20 minute delay) ? |
| MQG (ASX) Chart |