360 Capital Group Reports Significant Turnaround
Company Announcements

360 Capital Group Reports Significant Turnaround

360 Capital Group Limited (AU:TGP) has released an update.

360 Capital Group has announced its preliminary financial results for the year ended June 30, 2024, highlighting a significant recovery with a profit attributable to stapled securityholders of $320,000, up from a loss of $20.76 million in the previous year. Despite a decrease in revenue and a drop in operating profit by 33%, the company reported a substantial improvement in basic and diluted earnings per share, moving from a loss to a gain. Dividends and distributions also saw changes, with a total of 3.5 cents per security paid out during the year.

For further insights into AU:TGP stock, check out TipRanks’ Stock Analysis page.

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