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Excelsior Capital Limited ( (AU:ECL) ) has provided an update.
Excelsior Capital Limited reported a significant financial turnaround for the half-year ending December 31, 2024, with a 487% increase in revenue from continued operations and a 1,577% rise in profit after tax. This improvement follows the sale of CMI Electrical to IPD Group Limited, which resulted in no revenue from discontinued activities. The company declared an interim dividend of 4 cents per share, reflecting a strong financial position and commitment to shareholder returns.
More about Excelsior Capital Limited
Excelsior Capital Limited operates in the financial sector, focusing on investment and capital management services. The company is listed on the Australian Securities Exchange under the code ECL.
YTD Price Performance: 1.27%
Average Trading Volume: 5,589
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$92.78M
Learn more about ECL stock on TipRanks’ Stock Analysis page.
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