tiprankstipranks
Company Announcements

ASX Limited Reports Robust Half-Year Financial Results with Increased Revenue and Profit

Story Highlights
ASX Limited Reports Robust Half-Year Financial Results with Increased Revenue and Profit

Discover the Best Stocks and Maximize Your Portfolio:

ASX Limited ( (AU:ASX) ) has provided an announcement.

ASX Limited announced its half-year financial results for the period ending December 31, 2024, reporting a 10.9% increase in revenue from ordinary activities to $855.9 million. The net profit after tax rose by 5.6% to $243.5 million, with an underlying net profit growth of 10.1%. The company declared an interim dividend of 111.2 cents per share, maintaining a 30% tax rate, and continues its dividend reinvestment plan. These results indicate strong operational performance and suggest solid financial health, reinforcing ASX’s position as a leader in the securities exchange sector.

More about ASX Limited

ASX Limited is an Australian company operating in the financial services industry, primarily focusing on securities exchange and related market infrastructure. It provides a platform for trading, clearing, settlement, and market data services, playing a critical role in the local and global financial markets.

YTD Price Performance: -4.44%

Average Trading Volume: 588

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $7.62B

For detailed information about ASX stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1