CTI Logistics Limited ( (AU:CLX) ) just unveiled an announcement.
CTI Logistics Limited reported a 2.50% increase in revenue to $165.9 million for the half-year ending December 2024. However, the company’s net profit attributable to members decreased by 6.74% to $7.109 million. Despite the decline in profit, the company maintained its interim dividend at 5.0 cents per share, reflecting a stable dividend policy. The net tangible asset backing per ordinary security also improved from 125.80 cents to 129.70 cents, indicating a stronger asset position.
More about CTI Logistics Limited
CTI Logistics Limited operates in the logistics industry, offering services that include transportation, warehousing, and supply chain management solutions. The company focuses on providing comprehensive logistics services to a diverse range of clients, enhancing operational efficiency and market reach.
YTD Price Performance: 0.27%
Average Trading Volume: 13,974
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$148.9M
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