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Metarock Group Limited ( (AU:MYE) ) has provided an update.
Mastermyne Group Limited reported a significant decline in financial performance for the half-year ended December 31, 2024, with revenue dropping by 19% and profit after tax plummeting by 91% compared to the previous year. Despite the financial downturn, the company announced an interim dividend for 2025, indicating a commitment to returning value to shareholders, although the Dividend Reinvestment Plan will not apply.
More about Metarock Group Limited
Mastermyne Group Limited, formerly known as Metarock Group Limited, operates in the mining services industry, providing specialized services to the coal mining sector. The company focuses on delivering a range of services including underground mining, engineering, and maintenance to enhance productivity and safety in mining operations.
YTD Price Performance: -6.67%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €29.06M
Find detailed analytics on MYE stock on TipRanks’ Stock Analysis page.
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