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Austal Limited ( (AU:ASB) ) has issued an announcement.
Austal Limited reported a significant financial performance for the half-year ended 31 December 2024, with a 15% increase in revenue to $825.7 million and a substantial 109% rise in net profit to $25.1 million. Despite strong financial results, no interim or final dividends were declared for the period, indicating an emphasis on reinvestment or other strategic priorities.
More about Austal Limited
Austal Limited operates in the shipbuilding industry, primarily focusing on the design, construction, and support of defense and commercial vessels. The company is known for its work in high-speed aluminum vessel technology and has a strong presence in international markets.
YTD Price Performance: 16.18%
Average Trading Volume: 3,273
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $827.6M
See more data about ASB stock on TipRanks’ Stock Analysis page.
