The latest update is out from Shine Justice Ltd. ( (AU:SHJ) ).
Shine Justice Ltd reported a 2.4% increase in statutory revenue to $100.7 million for the first half of FY25, despite facing challenges that impacted profitability. The company is poised for growth, particularly in its Class Actions practice, following strategic restructuring. Notable achievements include a landmark High Court victory and significant settlements in Class Actions, such as the $202 million Stolen Wages settlement. The company declared a fully franked interim dividend for the first time since 2018, reflecting confidence in improved earnings and cash flows in the second half.
More about Shine Justice Ltd.
Shine Justice Ltd is a leading firm in the legal industry, focusing on Personal Injury and Class Action litigation. It has established itself as the largest Personal Injury firm in Australia, with a significant market share and a strong presence in both domestic and international markets.
YTD Price Performance: -20.45%
Average Trading Volume: 24,278
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$120.9M
For an in-depth examination of SHJ stock, go to TipRanks’ Stock Analysis page.