Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
An update from CTI Logistics Limited ( (AU:CLX) ) is now available.
CTI Logistics Limited reported a 2.5% increase in revenue to $165.9 million for the six months ending December 31, 2024, despite a decrease in profit before tax due to strategic investments aimed at long-term growth. These investments include facility development and vehicle upgrades, which are expected to enhance future earnings. The company declared an interim dividend of 5.0 cents per share, reflecting strong operating results and maintaining significant cash liquidity.
More about CTI Logistics Limited
CTI Logistics Limited operates in the logistics industry, providing transportation and logistics services. The company focuses on expanding its property footprint and upgrading its vehicle and equipment to enhance operational efficiency and reduce emissions.
YTD Price Performance: 0.27%
Average Trading Volume: 13,974
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$148.9M
Find detailed analytics on CLX stock on TipRanks’ Stock Analysis page.