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An announcement from Waterco Limited ( (AU:WAT) ) is now available.
Waterco Limited reported a 13.4% increase in revenues to A$134.7 million for the half year ended December 31, 2024, despite a 15.9% decline in profit after tax attributable to members, which fell to A$5.9 million. The company maintained its interim dividend at 7 cents per security. The financial results indicate increased borrowing costs and other expenses, impacting profitability, yet the company achieved a notable total comprehensive income attributable to members of A$12.1 million, suggesting resilience amid rising expenses.
More about Waterco Limited
Waterco Limited operates in the water management industry, focusing on manufacturing and distributing pool and spa equipment, water treatment products, and water filtration systems. It has a market emphasis on providing innovative and sustainable solutions for residential and commercial water management needs.
YTD Price Performance: -3.12%
Average Trading Volume: 2,559
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$272.5M
See more data about WAT stock on TipRanks’ Stock Analysis page.