The latest announcement is out from Clime Investment Management Ltd ( (AU:CIW) ).
Clime Investment Management Limited reported a return to operating profit with $406k for the half-year ended December 2024, marking a significant improvement from the previous period. The company has proposed an interim dividend of 0.2 cents per share and has successfully negotiated two strategic partnerships. Clime has achieved a 20.6% reduction in operating expenses and a 2.4% growth in operating revenue, reflecting the benefits of structural changes. With over $1.6 billion in Funds Under Management and Advice, the company is focused on streamlining product offerings and exploring new investment opportunities, positioning itself for continued growth and resilience against market volatility.
More about Clime Investment Management Ltd
Clime Investment Management Limited operates in the financial services industry, focusing on funds management and investment advisory. The company manages funds through various channels, including separately managed accounts (SMAs), discrete portfolio services (IMAs), managed funds, and a listed investment company. Their market focus includes refining these offerings to better serve client objectives and integrating CPW funds under direction and advice.
YTD Price Performance: 11.11%
Average Trading Volume: 28,844
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$30.43M
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