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Hancock & Gore Limited Reports Half-Year Loss Amid Market Challenges

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Hancock & Gore Limited Reports Half-Year Loss Amid Market Challenges

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Hancock & Gore Limited ( (AU:HNG) ) has provided an update.

Hancock & Gore Limited reported a significant downturn in its financial performance for the half-year ending March 2025, with revenues decreasing by 8.8% and a net loss of $3.18 million compared to a profit in the previous year. The decline was influenced by unrealized losses in its investment portfolio and non-recurring costs, despite receiving substantial dividends from its subsidiary, Global Uniform Solutions. The company declared a fully franked interim dividend of 1.0 cent per share, reflecting its ongoing commitment to shareholder returns despite the challenging market conditions.

More about Hancock & Gore Limited

Hancock & Gore Limited operates as an investment entity with a focus on managing and holding investments in various subsidiaries. One of its primary subsidiaries is Global Uniform Solutions, which consolidates school uniform businesses such as Mountcastle and Schoolblazer.

Average Trading Volume: 132,651

Technical Sentiment Signal: Hold

Current Market Cap: A$155.1M

Find detailed analytics on HNG stock on TipRanks’ Stock Analysis page.

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