Metarock Group Reports Record Profits in 2024
Company Announcements

Metarock Group Reports Record Profits in 2024

Metarock Group Limited (AU:MYE) has released an update.

Metarock Group Limited announced a triumphant financial year for 2024, with a record profit of $21.2 million, a significant $113.7 million improvement in total comprehensive profit, and a robust improvement in net cash position by $115.3 million. These results reflect a successful turnaround strategy, including the sale of PYBAR and a focus on profitable core activities. Looking forward, the company is set on diversifying its client base and leveraging its majority shareholder’s network for growth opportunities in FY2025.

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

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