Generation Development Posts Strong Annual Growth
Company Announcements

Generation Development Posts Strong Annual Growth

Generation Development Group Limited (AU:GDG) has released an update.

Generation Development Group Limited reports a robust financial year with a 39% increase in revenues and a 30% rise in profits after tax, reaching $5,840,000 for the year ended 30 June 2024. Dividends have remained stable at 1 cent per security for both interim and final dividends, with the final 2024 dividend being 100% franked. The net tangible assets per security saw a significant increase from 29.53 cents to 107.75 cents.

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

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