Schaffer Corporation Limited (AU:SFC) has released an update.
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Schaffer Corporation Limited has announced a significant year-on-year increase in net profit after tax, rising by 99% to $27.1 million, bolstered by strong performances in both its Automotive Leather Division and Delta. The company has maintained its shareholder dividend at $0.45 per share, reflecting confidence in its financial health despite global economic uncertainties. This robust financial outcome is supported by increased revenues and operational efficiencies, alongside substantial gains in the value of its largest investment, South Connect Jandakot.
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