Salter Brothers Emerging Companies Ltd. ( (AU:SB2) ) has issued an announcement.
Salter Brothers Emerging Companies Limited reported a significant increase in financial performance for the half-year ended 31 December 2024, with revenues from ordinary activities rising by 491.8% to $16.4 million and profits after tax soaring by 701.3% to $10.5 million. The company’s net assets increased due to a higher portfolio value, and it declared a fully franked interim dividend of $0.02 per share, signaling strong operational health and positive stakeholder implications.
More about Salter Brothers Emerging Companies Ltd.
Salter Brothers Emerging Companies Limited operates in the investment industry, focusing on emerging companies. The company primarily generates income through financial instruments and dividend income, targeting growth in portfolio value.
YTD Price Performance: 5.00%
Average Trading Volume: 179,776
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$71.66M
For an in-depth examination of SB2 stock, go to TipRanks’ Stock Analysis page.