AJ Lucas Group Limited ( (AU:AJL) ) has shared an update.
AJ Lucas Group Limited reported a decrease in revenue by 2.2% to $75.9 million for the half-year ending December 31, 2024, compared to the same period in 2023. The company also experienced a significant decline in profit before interest and tax by 30.5% and a substantial increase in losses, which may impact its financial stability and stakeholder confidence.
More about AJ Lucas Group Limited
AJ Lucas Group Limited operates in the energy and infrastructure sectors, focusing on drilling services and engineering solutions. The company is known for its expertise in coal seam gas and shale gas exploration, serving both domestic and international markets.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $8.73M
For an in-depth examination of AJL stock, go to TipRanks’ Stock Analysis page.