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Ashley Services Group Ltd. ( (AU:ASH) ) has issued an announcement.
Ashley Services Group Ltd. reported a statutory after-tax profit of $2.17 million for the fiscal year 2025, marking a 60.9% increase from the previous year, despite a 7.3% decline in revenue to $515.9 million. The company is focusing on debt reduction and strengthening its balance sheet to support future growth, although it will not declare a final dividend for FY25. The Labour Hire division faced revenue declines due to project completions and industrial challenges in Victoria, while the Training division saw reduced revenues due to funding constraints and decreased demand in telecommunications training.
More about Ashley Services Group Ltd.
Ashley Services Group Ltd. operates in the labour hire and training industry, providing staffing solutions and educational services across various sectors. The company focuses on sectors such as construction, engineering, supply chain, and retail, with a market presence in Australia.
Average Trading Volume: 46,034
Technical Sentiment Signal: Sell
Current Market Cap: A$25.92M
For an in-depth examination of ASH stock, go to TipRanks’ Overview page.