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ARB Corporation Limited ( (AU:ARB) ) has issued an announcement.
ARB Corporation Limited reported a 5.9% increase in sales revenue for the half year ended December 31, 2024, compared to the previous year, with revenues from ordinary activities rising by 7.0%. However, the company’s net profit after tax slightly decreased by 0.6%, attributed to non-operational adjustments such as property sales and acquisition costs, indicating steady performance amidst strategic investments and market challenges.
More about ARB Corporation Limited
ARB Corporation Limited operates in the automotive industry, specializing in manufacturing and distributing 4×4 accessories and equipment. The company focuses on both domestic and international markets, offering products such as bull bars, canopies, and suspension systems.
YTD Price Performance: -5.00%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2B
For a thorough assessment of ARB stock, go to TipRanks’ Stock Analysis page.
