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Clime Capital Limited Reports Half-Year Loss but Declares Dividend

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Clime Capital Limited Reports Half-Year Loss but Declares Dividend

Clime Capital Limited ( (AU:CAM) ) has shared an announcement.

Clime Capital Limited reported a net loss of $0.71 million for the half year ending 31 December 2024, primarily due to net unrealized losses and a write-off in the value of the Bluewater Square Syndicate. Despite this, the company declared a fully franked March Quarter dividend of 1.35 cents per share, supported by substantial profit reserves and a strategic shift in its investment portfolio to improve performance in 2025.

More about Clime Capital Limited

Clime Capital Limited operates in the investment management industry, focusing on managing a diversified portfolio of listed and unlisted investments. The company aims to deliver consistent returns to its shareholders through strategic asset allocation and active portfolio management.

YTD Price Performance: -0.13%

Average Trading Volume: 122,666

Technical Sentiment Consensus Rating: Strong Sell

For an in-depth examination of CAM stock, go to TipRanks’ Stock Analysis page.

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