WT Financial Group Posts Mixed FY2024 Results

WT Financial Group Ltd. (AU:WTL) has released an update.

WT Financial Group Limited reported a 15% increase in revenue but a decline in profits, with after-tax profits falling 7% to $3.854 million for FY2024. Despite the drop in net profit before and after tax, the company’s underlying business showed a strong operational performance with EBIT up 41.5%. The company’s cash position improved to $8.10 million and declared a fully franked final dividend of 0.5 cents per share.

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