Engenco Limited (AU:EGN) has released an update.
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Engenco Limited, a provider of engineering services in transportation, has reported a fiscal year 2024 net profit before tax of $5.2 million and after-tax profit of $3.9 million, both lower than the previous year. Despite a slight decrease in yearly revenue to $214.8 million, the company saw improved margins and profitability in the Drivetrain and Gemco Rail sectors. A final dividend of 0.5 cents per share was declared, reflecting the company’s resilience in a challenging market environment.
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