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Ashley Services Group Ltd. ( (AU:ASH) ) has provided an update.
Ashley Services Group Ltd. reported a significant growth in its net profit after tax (NPAT) for the first half of 2025, with an increase of 80% from the previous year. Despite a decline in overall revenue due to challenges in the construction and engineering sectors in Victoria, the company managed to improve its profit margins through effective cost management and successful contract negotiations. The labor hire division experienced a decrease in EBITDA due to reduced revenues and increased compensation costs, yet showed signs of margin recovery. Meanwhile, the training division faced revenue and EBITDA declines due to funding constraints and reduced training opportunities, but expects growth from new service courses.
More about Ashley Services Group Ltd.
Ashley Services Group Ltd. operates in the labor hire and training sectors, focusing on providing workforce solutions and education services primarily in Australia.
YTD Price Performance: 1.11%
Average Trading Volume: 72,136
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$26.28M
See more insights into ASH stock on TipRanks’ Stock Analysis page.