Lion Finance Q3 Profit Rises to GEL 661.9 Million; Shares Gain 6%
Lion Finance reported third-quarter profit of GEL 661.9 million, up from GEL 547.2 million a year earlier. Its shares rose around 6% to 12,830p by 0940 GMT. The company declared a third-quarter dividend of GEL 3.25.
The FTSE 250 company saw its shares rise around 6% to 12,830p by 0940 GMT after reporting third-quarter profits of GEL 661.9m, up from GEL 547.2m a year earlier, supported by strong lending growth across its Georgian and Armenian operations.Lion Finance declared a third-quarter dividend of GEL 3.25…