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ASF Group Limited ( (AU:AFA) ) has provided an update.
ASF Group Limited reported a significant increase in profit for the year ended June 30, 2025, despite a substantial decline in revenue. The company achieved a profit of $25.8 million, largely due to a $32.7 million gain from the disposal of subsidiaries, including the loss of control over ASF Resources Pty Ltd and Civil & Mining Resources Pty Ltd. This strategic move resulted in a notable improvement in the company’s financial position, although no dividends were declared for the period.
More about ASF Group Limited
Technical Sentiment Signal: Sell
Current Market Cap: A$3.17M
For detailed information about AFA stock, go to TipRanks’ Stock Analysis page.