Thorney Technologies Reports Strong Half-Year Turnaround

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Thorney Technologies Reports Strong Half-Year Turnaround

Thorney Technologies Limited ( (AU:TEK) ) just unveiled an announcement.

Thorney Technologies Limited reported a significant turnaround in its financial performance for the half-year ending December 31, 2024, with a profit of $9.573 million compared to a loss of $9.104 million in the previous year. Despite the improved financial results, the company did not declare any dividends for the period, indicating a focus on reinvestment or other strategic priorities.

More about Thorney Technologies Limited

Thorney Technologies Limited operates in the investment industry, focusing on technology-related investments. The company is involved in managing a diversified portfolio of technology-based assets, aiming to capitalize on growth opportunities in the tech sector.

YTD Price Performance: 1.43%

Technical Sentiment Consensus Rating: Buy

See more data about TEK stock on TipRanks’ Stock Analysis page.

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