tiprankstipranks
Trending News
More News >

Dalrymple Bay Infrastructure Reports Strong FY-24 Results and Increases Distribution Guidance

Story Highlights
Dalrymple Bay Infrastructure Reports Strong FY-24 Results and Increases Distribution Guidance

Dalrymple Bay Infrastructure Ltd. ( (AU:DBI) ) has shared an announcement.

Dalrymple Bay Infrastructure Limited reported strong financial results for the fiscal year 2024, with a 6.2% increase in Terminal Infrastructure Charge revenue and a 10.7% rise in net profit after tax. The company announced an updated distribution guidance for the upcoming year, reflecting a 7% increase in distributions, driven by enhanced operational cash flow and revenue optimization. The company’s robust financial performance and strategic investments position it well for sustained shareholder returns.

More about Dalrymple Bay Infrastructure Ltd.

Dalrymple Bay Infrastructure Limited operates in the infrastructure industry, focusing on terminal infrastructure services. The company is known for its management of the Dalrymple Bay Coal Terminal, which plays a crucial role in coal exportation.

YTD Price Performance: 3.33%

Average Trading Volume: 369,109

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$1.84B

Find detailed analytics on DBI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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