MaxiPARTS Limited: Revenue Up, Profits Down

MaxiPARTS Limited (AU:MXI) has released an update.

MaxiPARTS Limited reported a significant revenue increase of 21% to $243,883 for the fiscal year ending June 30, 2024, despite a considerable decline in net profits by 53% to $2,765. Earnings per share also halved from the previous year to 5.29 cents. Concurrently, the company declared a lower dividend of 2.57 cents per share and announced the acquisition of Nineteen Group Pty Ltd and its subsidiary.

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