Medibank Announces Strong Annual Financial Results
Company Announcements

Medibank Announces Strong Annual Financial Results

Medibank Private Ltd. (AU:MPL) has released an update.

Medibank Private Limited has announced a robust financial performance for the fiscal year ended June 30, 2024, with a significant 59.6% increase in after-tax profit and a total revenue jump of 8.1%. Shareholders are set to receive a fully franked final dividend of 9.40 cents per share, payable in late September following a similarly franked interim dividend earlier in the year. The company has also transitioned to the new AASB 17 accounting standard, which has been retrospectively applied to previous financial results.

For further insights into AU:MPL stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskMedibank Announces Performance Rights Cessation
TipRanks Australian Auto-Generated NewsdeskMedibank Urges Shareholder Votes at AGM
TipRanks Australian Auto-Generated NewsdeskMedibank Private Announces 2024 AGM Venue
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App