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BlackWall Limited Reports Significant Revenue and Profit Decline for H1 2024

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BlackWall Limited Reports Significant Revenue and Profit Decline for H1 2024

Blackwall Limited ( (AU:BWF) ) has issued an update.

BlackWall Limited reported a significant decline in revenue and profit for the half-year ended December 2024 compared to the same period in 2023. The company’s total revenue from continuing operations fell by 89%, and it recorded a loss after tax from ordinary activities of $1.442 million, down 190% from the previous year’s profit. Despite the financial downturn, BlackWall declared an interim dividend of 3.0 cents per share, with a portion paid in cash and the remainder in WOTSO Property securities. This announcement reflects challenges in the company’s operations and market conditions, impacting its financial performance and stakeholder returns.

More about Blackwall Limited

BlackWall Limited is a company operating in the real estate and property management industry, focusing on investment and management of commercial properties. The company is known for its strategic market positioning and asset management services.

YTD Price Performance: -3.57%

Average Trading Volume: 43,590

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$67.96M

See more insights into BWF stock on TipRanks’ Stock Analysis page.

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