Mitchell Services Reports Strong Profit Growth
Company Announcements

Mitchell Services Reports Strong Profit Growth

Mitchell Services Limited (AU:MSV) has released an update.

Mitchell Services Limited reported a slight 3% drop in annual revenue and a 2% decrease in EBITDA, but showcased a robust 21% increase in profit after tax for the fiscal year ended June 30, 2024. Despite the revenue dip, the company’s earnings per share improved from the previous year, indicating a stronger profit margin. The net tangible assets per security saw a marginal decline, reflecting a subtle shift in the company’s asset valuation.

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

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