Pact Group Holdings Ltd. ( (AU:PGH) ) just unveiled an update.
Pact Group Holdings Ltd reported its financial results for the half-year ended 31 December 2024, showing a 4% increase in revenue from continuing operations and a significant 275.7% rise in profit after tax from continuing operations. However, the net profit attributable to members decreased by 76.3%, and the company announced that no interim dividend would be distributed for this period. The results reflect a strategic focus on continuing operations while discontinuing less profitable segments, impacting overall profitability and shareholder returns.
More about Pact Group Holdings Ltd.
Pact Group Holdings Ltd is a company involved in the manufacturing and supply of packaging and related products. It operates primarily in the packaging industry, focusing on providing sustainable solutions to its clients across various sectors.
YTD Price Performance: 48.94%
Average Trading Volume: 83
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €244.5M
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