The latest announcement is out from Duxton Water Ltd. ( (AU:D2O) ).
Duxton Water Ltd. reported a 47% increase in net profit after tax for the year ended 31 December 2024, reaching $9.33 million. The company paid two fully franked dividends totaling 7.3 cents per share and announced a continuation of its Dividend Reinvestment Plan with a 5% discount. Despite a decrease in net asset value per share from $1.62 to $1.53, the company maintains a strong position with $57.68 million in unrealized gains on its permanent water portfolio, reflecting its strategic focus on water asset management.
More about Duxton Water Ltd.
Duxton Water Ltd. operates in the water industry, focusing on the acquisition, management, and leasing of water entitlements in Australia. The company primarily deals with permanent and temporary water entitlements, aiming to provide water solutions to agricultural and other sectors.
YTD Price Performance: -1.49%
Average Trading Volume: 44,747
Technical Sentiment Consensus Rating: Buy
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