tiprankstipranks
Company Announcements

Alfabs Australia Ltd. Reports Increased Profits Despite Revenue Decline

Story Highlights
Alfabs Australia Ltd. Reports Increased Profits Despite Revenue Decline

Alfabs Australia Ltd. ( (AU:AAL) ) has provided an update.

Alfabs Australia Limited reported its financial results for the half-year ended December 31, 2024, showing a decline in revenues by 11% compared to the previous year. However, the company achieved a 39% increase in net profit attributable to owners, reaching $5.7 million. Despite the revenue drop, improvements were noted in EBIT and EBITDA margins, reflecting operational efficiencies. An interim dividend of 1.5 cents per share was declared, indicating a positive outlook for shareholders.

More about Alfabs Australia Ltd.

YTD Price Performance: 2.56%

Average Trading Volume: 129,754

Technical Sentiment Consensus Rating: Strong Sell

See more data about AAL stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1