Argo Group Limited (GB:ARGO) has released an update.
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Argo Group Limited reported a strong financial performance for the first half of 2024 with revenues jumping to $4.6 million from $1.5 million in the previous year, and profits before tax reaching $2.5 million compared to just $0.1 million in the same period last year. The company’s operating profit turned around from a loss of $0.7 million to a gain of $2.4 million, and net assets increased to $7.3 million. Additionally, Argo’s Nominated Adviser and Broker has been renamed to Panmure Liberum Limited following a corporate merger.
For further insights into GB:ARGO stock, check out TipRanks’ Stock Analysis page.
