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360 Capital Group Posts Profitable Half-Year with Revenue Surge

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360 Capital Group Posts Profitable Half-Year with Revenue Surge

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360 Capital Group Limited ( (AU:TGP) ) has provided an announcement.

360 Capital Group announced its financial results for the half-year ending December 31, 2024, showcasing a significant turnaround with a profit attributable to securityholders of $3.651 million, compared to a loss in the previous corresponding period. The revenue increased by 66.2%, indicating strong performance, though operating profit saw a minor decline. Dividends remained consistent with the previous year at 2.0 cents per security. The net tangible asset per security improved to $0.78 from $0.73, reflecting enhanced asset value.

More about 360 Capital Group Limited

360 Capital Group Limited operates within the investment management industry, offering a range of financial products and services. The company focuses on managing assets through its investment trust, providing opportunities for investors to engage in diversified financial portfolios.

YTD Price Performance: -5.00%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €72.86M

See more data about TGP stock on TipRanks’ Stock Analysis page.

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