Whitefield Industrials Reports Decline in NTA Backing for March 2025

Whitefield Ltd ( (AU:WHF) ) has provided an announcement.

Whitefield Industrials Limited reported a decrease in its Net Tangible Asset (NTA) backing per ordinary share for March 2025, with post-tax NTA declining from $5.59 to $5.41. The company’s investment portfolio showed mixed performance, with a notable decrease in share price by 5.65% over the quarter, although it achieved a 5.35% increase over the year. The company’s top investments include major Australian banks and corporations, and its sector allocation is heavily weighted towards financials. The report highlights the company’s long-term investment strategy, despite short-term fluctuations in asset backing and share price.

More about Whitefield Ltd

Whitefield Industrials Limited operates in the investment industry, focusing on managing a diversified portfolio of assets. The company primarily invests in a range of sectors including financials, healthcare, and industrials, with a significant portion of its investments in major Australian banks and companies.

YTD Price Performance: -5.47%

Average Trading Volume: 43,681

Technical Sentiment Signal: Sell

For a thorough assessment of WHF stock, go to TipRanks’ Stock Analysis page.