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Hitech Group Australia Limited ( (AU:HIT) ) has issued an update.
HiTech Group Australia Limited reported a 7.1% increase in operating revenue to $68.15 million for the financial year ending June 30, 2025, with a net profit attributable to members rising by 5.79% to $6.38 million. The company maintains a strong balance sheet with zero debt and a positive cash balance, and has declared a fully franked dividend of 5 cents per share. HiTech’s robust business model and reputation for quality ensure consistent demand, positioning the company to capitalize on the ongoing need for top ICT talent while managing operating costs to align with revenue and profitability targets.
More about Hitech Group Australia Limited
HiTech Group Australia Limited operates in the ICT sector, focusing on the placement of ICT contractors and recruitment services for both public and private sectors. The company is involved in ICT consulting services, addressing the growing demand for IT infrastructure and digital/cyber security transformation projects.
Average Trading Volume: 23,628
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$77.2M
Find detailed analytics on HIT stock on TipRanks’ Stock Analysis page.