Nine Entertainment Co. Holdings Limited (AU:NEC) has released an update.
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Nine Entertainment Co. reports a 3% decrease in revenue and a sharp 31% drop in net profit after tax for the fiscal year ending June 30, 2024. Despite the downturn, the company announced a fully franked dividend of 4.5 cents per share payable in October 2024. The financial results also reveal a decline in net tangible assets per share, underscoring a challenging year for the media conglomerate.
For further insights into AU:NEC stock, check out TipRanks’ Stock Analysis page.
