Peet Limited (AU:PPC) has released an update.
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Peet Limited has reported a decline in revenue and net profit after tax for the year ended June 30, 2024, with revenue dropping 8% to $292,580,000 and net profit after tax plummeting 48% to $36,550,000. Earnings per share also fell by 47%, mirroring the downturn in profits. Despite this, the company has declared a final fully franked dividend of 2.75 cents per share, although overall dividend payouts have decreased compared to the previous year.
For further insights into AU:PPC stock, check out TipRanks’ Stock Analysis page.