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The latest announcement is out from Simonds Group Ltd. ( (AU:SIO) ).
Simonds Group Ltd. reported a slight increase in revenue for the year ended June 30, 2025, with a 0.3% rise to $665.6 million. However, the company faced significant declines in profit, with a 75% drop in net profit after tax to $1.0 million. The acquisition of Dennis Family Homes Pty Ltd. contributed $62.6 million in revenue, indicating strategic expansion efforts. Despite these efforts, the financial results reflect challenges in maintaining profitability, impacting shareholder returns with no dividends declared for the year.
More about Simonds Group Ltd.
Simonds Group Ltd. operates in the residential construction industry, focusing on home building and related services. It is known for its market presence in Australia, providing a range of housing solutions.
Average Trading Volume: 20,350
Technical Sentiment Signal: Sell
Current Market Cap: A$50.39M
For detailed information about SIO stock, go to TipRanks’ Stock Analysis page.