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The latest announcement is out from PWR Holdings Ltd. ( (AU:PWH) ).
PWR Holdings Ltd. reported a decrease in revenue by 2.1% to $62.9 million for the half-year ending December 2024, alongside a significant drop in profit after tax by 58.2% to $4.1 million. Despite these declines, the company declared a fully franked interim dividend of 2.00 cents per share, amounting to a total distribution of $2.0 million. The loss of control over its entity PWR EU B.V. contributed negatively to the financial outcome, with a $37,000 loss recorded before control was lost.
More about PWR Holdings Ltd.
PWR Holdings Ltd. operates within the automotive and aerospace industries, specializing in high-performance cooling solutions. The company primarily focuses on producing and supplying advanced cooling systems for various vehicles, including race cars, as well as aerospace applications, catering to a global market.
YTD Price Performance: 11.00%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $534.3M
For an in-depth examination of PWH stock, go to TipRanks’ Stock Analysis page.
