tiprankstipranks
Emeco Holdings Sees Profits Surge Despite Revenue Dip
Company Announcements

Emeco Holdings Sees Profits Surge Despite Revenue Dip

Emeco Holdings Limited (AU:EHL) has released an update.

Don't Miss Our Christmas Offers:

Emeco Holdings Limited reported a 6% decrease in revenue from ordinary activities, down to $822.7 million in the year ended 30 June 2024, compared to $874.9 million the previous year. However, the company saw a significant 28% increase in profits, rising to $52.7 million. No dividends will be distributed to shareholders this year, in contrast to the previous year’s total dividend of 2.50 cents per security.

For further insights into AU:EHL stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskEmeco Holdings Issues New Equity Securities
TipRanks Australian Auto-Generated NewsdeskEmeco Holdings Faces Securities Cessation Challenge
TipRanks Australian Auto-Generated NewsdeskEmeco Holdings Updates on Director’s Securities Interests
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App