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Lottery Corporation Limited ( (AU:TLC) ) just unveiled an announcement.
The Lottery Corporation Limited reported a decrease in revenue and profit for the half-year ending December 31, 2024. Revenue fell by 6% to $1,779.2 million, while profit after tax declined by 19% to $175.7 million. The company announced a dividend reinvestment plan for its interim dividend, highlighting an effort to maintain shareholder value despite the downturn. The results reflect challenges in the market, but also the corporation’s commitment to engage stakeholders through dividend offerings and reinvestment opportunities.
More about Lottery Corporation Limited
The Lottery Corporation Limited operates in the lottery industry, providing gaming and lottery services primarily in Australia. The company focuses on offering lottery tickets and related services, engaging with both retail and online markets.
YTD Price Performance: 0.61%
Average Trading Volume: 3,265,814
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$11.06B
For detailed information about TLC stock, go to TipRanks’ Stock Analysis page.
