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How Did L1 Global Long Short Fund Achieve a 609% Profit Surge in Six Months?

10:34am on Monday 23rd of February, 2026 AEDT Financial Services
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How Did L1 Global Long Short Fund Achieve a 609% Profit Surge in Six Months?

10:34am on Monday 23rd of February, 2026 AEDT
Key Points
  • 609% increase in net profit to $57.5 million
  • Change of investment manager to L1 Capital Pty Ltd
  • Pre-tax net tangible asset backing per share rises to $1.654
  • Fully franked interim dividend of 1 cent per share declared
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