Shaver Shop Group Reports Decline in Annual Profit

Shaver Shop Group Ltd. (AU:SSG) has released an update.

Shaver Shop Group Ltd. reported a slight dip in revenue by 2.3% and a 10.1% decrease in profit after tax for the fiscal year ended June 30, 2024, compared to the previous year. Despite these declines, the company maintained its dividend payout at 5.5 cents for the final dividend and 4.7 cents for the interim dividend. Additionally, there was a minor decrease in net tangible asset backing per ordinary security from 22.9 cents to 22.4 cents.

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