PGL prospa group limited.
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News: PGL Prospa March-Qtr Rev Up 13%, Loan Originations Rise 21.5%

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    10/06/20
    09:15
    Post #: 45127188

    June 10 (Reuters) - Prospa Group Ltd (PGL) :

    • OPERATING EXPENSES STEPPED DOWN FOR Q4FY20 AND EXPECTED TO BE APPROXIMATELY 32% LOWER THAN FOR Q3FY20
    • QTRLY GROUP REVENUE $37.4 MILLION, UP 13%
    • MARCH QUARTER TOTAL LOAN ORIGINATIONS OF $122.8 MILLION, UP 21.5%
    • NOT APPROPRIATE TO ISSUE FY20 ORIGINATIONS AND REVENUE GUIDANCE AT THIS TIME
    • NOW SEEING IMPROVING DEMAND FOR CREDIT IN AUSTRALIA, NZ AS GOVERNMENT RESTRICTIONS EASE
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