An update from Whitefield Ltd ( (AU:WHF) ) is now available.
Whitefield Industrials Limited reported a decrease in its Net Tangible Asset (NTA) backing per share as of February 2025, with figures showing a decline from the previous month. The company’s investment portfolio, which includes significant stakes in major Australian banks and corporations, showed a mixed performance with a slight underperformance compared to the S&P/ASX 200 Industrials over various periods. Despite the decrease in NTA, Whitefield maintains a long-term investment strategy and does not anticipate selling its entire portfolio, which may reassure stakeholders about the company’s stability and strategic direction.
More about Whitefield Ltd
Whitefield Industrials Limited operates in the financial sector, focusing on long-term investments in a diversified portfolio of industrial companies. Its primary market focus includes sectors such as financials, healthcare, and consumer discretionary, with significant holdings in major Australian banks and corporations.
YTD Price Performance: -7.35%
Average Trading Volume: 38,578
Technical Sentiment Consensus Rating: Hold
See more insights into WHF stock on TipRanks’ Stock Analysis page.