(Reuters) – Australia’s Macquarie Group reported a 12.8% rise in first-half profit on Friday as volatility in oil and gas prices bolstered its markets-facing business.
The financial conglomerate’s attributable profit for the six months to Sept. 30 came in at A$2.31 billion ($1.49 billion), compared with A$2.04 billion reported a year ago. It beat a Refinitiv IBES estimate of A$2.19 billion.
($1 = 1.5506 Australian dollars)
(Reporting by Jaskiran Singh and Tejaswi Marthi in Bengaluru; Editing by Devika Syamnath)
