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An update from Temple & Webster Group Ltd ( (AU:TPW) ) is now available.
Temple & Webster Group Ltd reported significant financial growth for the half-year ended December 31, 2024, with a 24% increase in revenue to $313.7 million compared to the previous year. The company’s profit before tax grew by 94% to $12.5 million, and profit after tax surged by 118% to $9.0 million, indicating strong operational performance. Despite these positive results, no dividends were declared or paid during the period, and the company did not implement a dividend reinvestment plan. The results underline Temple & Webster’s solid positioning in the online retail market, reflecting effective management and strategic focus.
More about Temple & Webster Group Ltd
Temple & Webster Group Ltd operates in the online retail industry, focusing primarily on furniture and homewares. The company leverages an e-commerce platform to deliver a wide range of products to consumers, emphasizing convenience and competitive pricing in the market.
YTD Price Performance: 10.27%
Average Trading Volume: 265
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.08B
For an in-depth examination of TPW stock, go to TipRanks’ Stock Analysis page.
