tiprankstipranks
Company Announcements

Shine Justice Ltd Reports Interim Financial Results with Revenue Growth Amid Losses

Story Highlights
Shine Justice Ltd Reports Interim Financial Results with Revenue Growth Amid Losses

Shine Justice Ltd. ( (AU:SHJ) ) has issued an announcement.

Shine Justice Ltd reported its interim financial results for the half-year ended 31 December 2024, showing a slight increase in revenue by 2.44% to $100.7 million compared to the previous year. However, the company faced a significant net loss of $1.74 million, attributed to various operational challenges. Despite the losses, the company declared an interim dividend of 1.5 cents per share, fully franked at a 30% tax rate. The acquisition of Shine Lawyers NZ Limited was completed, although its contribution to profits was not material. The company’s net tangible assets per security decreased slightly, reflecting ongoing financial adjustments.

More about Shine Justice Ltd.

Shine Justice Ltd is a company operating in the legal services industry, primarily providing legal representation and advice. The company focuses on delivering justice and compensation for its clients, with a market presence that includes operations in Australia and New Zealand.

YTD Price Performance: -20.45%

Average Trading Volume: 24,278

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$120.9M

Find detailed analytics on SHJ stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1