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EQT Holdings Reports Revenue Growth but Decline in Profits; Increases Dividend

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EQT Holdings Reports Revenue Growth but Decline in Profits; Increases Dividend

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An announcement from EQT Holdings Ltd. ( (AU:EQT) ) is now available.

EQT Holdings Ltd. reported a 6.5% increase in revenue for the half-year ended December 31, 2024, compared to the same period in 2023, reaching $89.4 million. However, net profit attributable to members decreased by 2.9% to $12.3 million, and earnings per share fell by 3.4% to 45.90 cents. Despite the decline in profit, the company declared a fully franked interim dividend of 55 cents per share, a 7.8% increase from the previous year. The interim dividend will not include a Dividend Reinvestment Plan for FY25.

More about EQT Holdings Ltd.

YTD Price Performance: 8.12%

Average Trading Volume: 22,157

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$925.9M

Learn more about EQT stock on TipRanks’ Stock Analysis page.

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