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CTI Logistics Forecasts Profit Surge for FY2024

CTI Logistics Forecasts Profit Surge for FY2024

CTI Logistics Limited (AU:CLX) has released an update.

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CTI Logistics Limited (CLX) has announced an expected profit before tax of approximately $23 million for the financial year ending June 2024, with second-half profits anticipated to be slightly better than the first half and about 25% higher than the previous year. The company confirmed that this information is likely to significantly impact its stock price and has assured its compliance with ASX Listing Rules, with the information being authorized by its board.

For further insights into AU:CLX stock, check out TipRanks’ Stock Analysis page.

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