Hancock & Gore Limited (AU:HNG) has released an update.
Hancock & Gore Limited reported a robust financial performance with revenues up by 4.7% and a substantial 78.4% increase in profits after tax for the half-year ended 31 March 2024. The impressive results were largely driven by the company’s successful acquisition of Mountcastle, leading to significant dividends and strategic investment gains. Shareholders were rewarded with a consistent interim dividend of 1.0 cent per share, reflecting the company’s strong earnings and optimistic outlook.
For further insights into AU:HNG stock, check out TipRanks’ Stock Analysis page.
