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Chorus Limited ( (CHRUF) ) just unveiled an announcement.
Chorus Limited announced its FY25 full year results, showcasing a resilient financial performance despite economic challenges and declining copper-related revenues. The company reported an increase in operating revenue to $1,014 million, a rise in EBITDA to $705 million, and a net profit after tax of $4 million. Fibre connections grew significantly, highlighting the company’s strategic shift towards becoming a simpler all-fibre digital infrastructure company. This transition is supported by a strong cost management strategy and a focus on increasing fibre uptake and network traffic.
More about Chorus Limited
Chorus Limited is a telecommunications infrastructure company based in New Zealand, primarily focused on providing fibre optic broadband services. The company is transitioning towards becoming an all-fibre digital infrastructure provider, emphasizing the importance of digital connectivity in its market.
For detailed information about CHRUF stock, go to TipRanks’ Stock Analysis page.