Company Announcements

Tasmea Ltd. Soars with Strong FY24 Results

Tasmea Ltd. (AU:TEA) has released an update.

Tasmea Ltd. has reported a robust financial performance for FY24, with pro-forma net profit after tax climbing 29.9% to A$36.9m, surpassing Prospectus forecasts. The company’s statutory revenue soared by 25% to A$400m, bolstered by strong sectors and recent acquisitions, and declared a doubled final dividend of 4.0 cents per share. These results signal a healthy growth trajectory and a commitment to shareholder returns.

For further insights into AU:TEA stock, check out TipRanks’ Stock Analysis page.

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