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Duxton Farms Reports Revenue Surge Amidst Financial Losses

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Duxton Farms Reports Revenue Surge Amidst Financial Losses

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Duxton Farms Limited ( (AU:DBF) ) has shared an update.

Duxton Farms Limited reported a significant increase in revenue by 195% to $11.5 million for the half-year ended 31 December 2024. However, the company experienced a substantial net loss of $3.1 million, down from a profit of $1.4 million in the previous year. Despite the financial loss, the company’s net asset value increased to $116.3 million, reflecting a rise in asset value per share. The company did not declare any dividends for this period, although a dividend was paid earlier in July 2024, with a dividend reinvestment plan offered to shareholders.

More about Duxton Farms Limited

Duxton Farms Limited operates in the agriculture industry, focusing on the management and investment in agricultural assets, including water entitlements. The company is listed on the Australian Securities Exchange (ASX) and is involved in the production and sale of agricultural products.

Average Trading Volume: 63,796

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$57.62M

Learn more about DBF stock on TipRanks’ Stock Analysis page.

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