Schaffer Corporation Reports Robust Profit Growth Amid Slight Revenue Decline

Schaffer Corporation Limited ( (AU:SFC) ) has shared an announcement.

Schaffer Corporation Limited’s recent half-year financial report reveals a 0.5% decline in revenues from ordinary activities to $112,285,000. However, net profit attributable to members surged by 44% to $12,742,000, indicating a robust financial performance despite slight revenue decline. The company declared an interim dividend of 45 cents per security, fully franked, payable on March 14, 2025, with a record date of March 7, 2025. Notably, the net tangible asset backing per share increased from $14.81 to $17.06, suggesting strong asset growth.

More about Schaffer Corporation Limited

YTD Price Performance: -1.77%

Average Trading Volume: 3,105

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$294.9M

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