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Fiducian Group Reports Strong Financial Growth and Dividend Increase

Fiducian Group Reports Strong Financial Growth and Dividend Increase

Fiducian Group Ltd (AU:FID) has released an update.

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Fiducian Group Ltd reported a robust financial performance for the year ending June 2024, with an 11% increase in net revenue to $60.6 million and a 22% rise in statutory net profit after tax to $15 million. The company also declared a 30% increase in total fully franked dividends, reflecting its strong cash flow and balance sheet position, while maintaining a debt-free status. Recognized by Forbes Asia as one of the ‘Best under a Billion,’ Fiducian continues to pursue growth through organic expansion and strategic acquisitions.

For further insights into AU:FID stock, check out TipRanks’ Stock Analysis page.

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