BlackWall Limited Reveals Remarkable Fiscal Turnaround

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

BlackWall Limited reports a significant turnaround with net profits for equity holders at $4.662 million, up from a $1.006 million loss in the previous year, and a 23% increase in total revenue from continuing operations. Despite a 24% decline in management fees, transaction and other income, along with investment income, experienced substantial growth. The company maintains a steady dividend payout of 5.0 cents per share and has not implemented a dividend reinvestment plan.

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