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Peter Warren Automotive Holdings Ltd ( (AU:PWR) ) just unveiled an announcement.
Peter Warren Automotive Holdings Limited reported a 2.2% increase in revenues to $1.23 billion for the half-year ended December 31, 2024. However, the company’s profit after tax plummeted by 83.2% to $3.6 million, suggesting significant operational or financial challenges. This sharp decline in profit may impact the company’s market positioning and stakeholder confidence.
More about Peter Warren Automotive Holdings Ltd
Peter Warren Automotive Holdings Limited is a well-established automotive dealership group in Australia with over 60 years of history. The company operates more than 80 franchise operations, representing over 30 OEMs across various segments including Volume, Prestige, and Luxury. Its operations span the eastern seaboard under multiple banners such as Peter Warren Automotive, Frizelle Sunshine Automotive, and Mercedes-Benz North Shore.
YTD Price Performance: 1.67%
Average Trading Volume: 94,083
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$255.4M
For a thorough assessment of PWR stock, go to TipRanks’ Stock Analysis page.
