Tasmea Limited Reports Record H1 FY25 Results and Upgrades Profit Guidance

Story Highlights
  • Tasmea Limited achieved record financial results with significant revenue and profit growth.
  • The company upgraded its profit guidance and declared a record interim dividend.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Tasmea Ltd. ( (AU:TEA) ) just unveiled an update.

Tasmea Limited reported a record financial performance for the first half of FY25, with a 27.6% increase in revenue to A$246.6 million and a 76.6% rise in net profit after tax to A$27.9 million. The company’s strong results were driven by revenue growth, efficient cost management, and successful integration of recent acquisitions. Tasmea has upgraded its statutory NPAT guidance for FY25 to A$52 million, reflecting its strategic positioning for continued growth. The company declared a record interim dividend of 5.0 cents per share and maintained a strong safety record with over 4,400 days free of lost-time injuries.

More about Tasmea Ltd.

Tasmea Limited operates in the mining, resources, energy, and infrastructure sectors, focusing on providing specialized services. The company has strengthened its market position through strategic acquisitions, particularly in remote areas where demand remains strong.

YTD Price Performance: 5.81%

Average Trading Volume: 160,530

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: A$754.2M

For detailed information about TEA stock, go to TipRanks’ Stock Analysis page.

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