Katana Capital Ltd. (AU:KAT) has released an update.
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Katana Capital Ltd. reported a decrease in annual profit by 51%, with net profit dropping to $2.114 million from the previous year’s $4.293 million, despite an 11% increase in revenue from ordinary activities. The earnings per share also halved to 6.39 cents. However, the company maintained its dividend payout at $0.005 per share and saw a slight increase in net tangible asset backing per security from $1.24 to $1.29.
For further insights into AU:KAT stock, check out TipRanks’ Stock Analysis page.