Alfabs Australia Ltd. ( (AU:AAL) ) has shared an announcement.
Alfabs Australia Limited reported a 39% increase in net profit after tax to $5.7 million for the first half of FY2025, with earnings before interest, tax, depreciation, and amortization rising by 21% to $12.5 million. The company declared a maiden fully franked dividend of 1.50 cents per share, representing a 75% payout ratio, payable on March 14, 2025. The company expects second-half profits to exceed the first half due to a new underground equipment contract with Malabar and increasing hire turnover in CY2025. Despite some challenges in the protective coatings segment, Alfabs remains optimistic about its order books and future outlook, driven by strong market demand and strategic internal improvements.
More about Alfabs Australia Ltd.
Alfabs Australia Limited, listed on the ASX under the ticker AAL, is a leading diversified group in the Mining and Engineering sectors. The company is renowned for its heavy fabrication and site installation of steel structures for infrastructure projects and is a major player in the heavy underground mining equipment hire industry in Australia.
YTD Price Performance: 2.56%
Average Trading Volume: 129,754
Technical Sentiment Consensus Rating: Strong Sell
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