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Whitefield Income Limited Reports Initial Financial Results Post-IPO

Story Highlights
  • Whitefield Income Limited raised over $200 million through its IPO in December 2024.
  • The company reported a net profit of $1.44 million for the initial operational period of December 2024.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

An announcement from Whitefield income limited ( (AU:WHI) ) is now available.

Whitefield Income Limited, a newly operational investment company, recently completed its Initial Public Offering (IPO), raising over $200 million to be invested according to its specified strategy. The company reported a net profit of approximately $1.44 million for the brief period from December 5 to December 31, 2024, following the IPO. Although no dividends were declared for this period, the company plans to issue its first dividend in April 2025. The net tangible assets per share decreased slightly by 3.2% post-deferred capital gains tax during this time.

More about Whitefield income limited

YTD Price Performance: 4.03%

Average Trading Volume: 190,530

Find detailed analytics on WHI stock on TipRanks’ Stock Analysis page.

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