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Burford Capital Ltd - law-focused global finance and asset management firm - Says it swung to a net profit in the third quarter of 2023 of $272.5 million from a loss of $58.3 million a year ago. Basic earnings per share swung to $1.24 from a loss of $0.24 in the corresponding quarter the year before. Meanwhile, in the nine months to September 30, says total revenue more than tripled to $794.3 million from $157.9 million in 2022. Chief Executive Officer Christopher Bogart says this surge was driven by ‘significant growth in capital provision income with and without our YPF-related assets.’ Current stock price: 1,094.00 pence, down 0.2% 12-month change: up 48% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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