ASX:PPTCapital Markets
Will Perpetual's (ASX:PPT) Impairment and Narrowed Loss Mark a Turning Point in Its Strategy?
Perpetual Limited recently announced full year earnings for the period ended June 30, 2025, reporting sales of A$1,390.5 million and a net loss of A$58.2 million, alongside a substantial non-cash impairment charge of A$153.7 million predominantly linked to the J O Hambro Asset Management business.
While the reported net loss has narrowed significantly from the previous year, the ongoing outflows and large impairment in asset management highlight persistent challenges within key...