Michael Hill International Ltd. ( (AU:MHJ) ) has issued an update.
Michael Hill International Ltd. reported its financial results for the half-year ending December 29, 2024, showing a slight decrease in revenue by 0.7% to $360,169, while earnings before interest and taxation (EBIT) rose by 12.4% to $32,364. The net profit after tax increased by 9.5% to $16,862. The company declared an interim dividend for the year ending June 29, 2025, and highlighted the calculation of net tangible assets, which included right-of-use assets and lease liabilities. Overall, despite a dip in revenue, Michael Hill International Ltd. demonstrated improved profitability and shareholder returns, reflecting a robust financial position and strategic focus in its operations.
More about Michael Hill International Ltd.
YTD Price Performance: -20.34%
Average Trading Volume: 35,232
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$180.8M
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