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Resource Development Group Limited Reports Mixed Financial Results for Half-Year 2024

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Resource Development Group Limited Reports Mixed Financial Results for Half-Year 2024

Elevate Your Investing Strategy:

An announcement from Resource Development Group Limited ( (AU:RDG) ) is now available.

Resource Development Group Limited reported a 10% increase in revenues from continuing activities to $56.1 million for the half-year ended December 31, 2024. However, the profit from ordinary activities after tax attributable to members decreased by 4.7% to $5.9 million. Despite the decline in profit, the comprehensive income for the period attributable to members rose by 13% to $5.9 million. The company announced no interim or final dividends for the period. The net asset backing per ordinary share increased to $0.049, and the net tangible asset backing per share rose to $0.047.

More about Resource Development Group Limited

YTD Price Performance: -25.00%

Average Trading Volume: 188,374

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$44.26M

See more insights into RDG stock on TipRanks’ Stock Analysis page.

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