Brisbane Broncos Limited (AU:BBL) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Brisbane Broncos Limited reports a promising increase in net profit before tax for the first half of 2024, reaching approximately $6.30 million, up from $5.41 million in the previous year. This financial uplift was achieved despite hosting one less game, thanks to higher average crowds, increased game revenue, and stronger sponsorship and merchandise sales. The company remains cautiously optimistic about the full-year results, acknowledging uncertainties such as crowd attendance and operational costs.
For further insights into AU:BBL stock, check out TipRanks’ Stock Analysis page.