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Ashley Services Group Ltd. ( (AU:ASH) ) just unveiled an announcement.
Ashley Services Group Ltd. reported a decrease in revenues from ordinary activities by 8.5% to $266,166 for the half-year ending 31 December 2024. However, the company achieved a significant increase in profit after tax, which rose by 80% to $1,828, signaling strong financial performance despite lower revenues. Additionally, the company’s interim dividend for the year ending 30 June 2025 was declared at 0.8 cents per share, maintaining a stable return for shareholders. The company’s net tangible assets also improved from $6,867,000 to $8,727,000 during this period.
More about Ashley Services Group Ltd.
YTD Price Performance: 1.11%
Average Trading Volume: 72,136
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$26.28M
For a thorough assessment of ASH stock, go to TipRanks’ Stock Analysis page.