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An update from Hitech Group Australia Limited ( (AU:HIT) ) is now available.
HiTech Group Australia Limited reported revenue of $33.64 million for the half year ended 31 December 2025 and a profit after tax attributable to members of $2.04 million. Net tangible assets per share rose to $0.27 from $0.25 a year earlier, indicating a modest strengthening of the company’s balance sheet.
The board declared a fully franked interim dividend of 4.5 cents per share, slightly lower than the 5 cents fully franked dividend paid in the prior corresponding period. The reduced payout suggests a more conservative capital management stance despite solid profitability, with implications for shareholder income and potential reinvestment in the business.
The most recent analyst rating on (AU:HIT) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Hitech Group Australia Limited stock, see the AU:HIT Stock Forecast page.
More about Hitech Group Australia Limited
HiTech Group Australia Limited operates in the professional services and recruitment sector, providing technology-focused staffing and consulting solutions. The company serves clients seeking skilled IT and related professionals, positioning itself as a specialist supplier to organisations requiring high-calibre technical talent across Australia.
Average Trading Volume: 10,092
Technical Sentiment Signal: Buy
Current Market Cap: A$69.79M
For a thorough assessment of HIT stock, go to TipRanks’ Stock Analysis page.