Emeco Holdings Sees Profits Surge Despite Revenue Dip

Emeco Holdings Limited (AU:EHL) has released an update.

Emeco Holdings Limited reported a 6% decrease in revenue from ordinary activities, down to $822.7 million in the year ended 30 June 2024, compared to $874.9 million the previous year. However, the company saw a significant 28% increase in profits, rising to $52.7 million. No dividends will be distributed to shareholders this year, in contrast to the previous year’s total dividend of 2.50 cents per security.

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