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Excelsior Capital Reports Strong Half-Year Financial Performance

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Excelsior Capital Reports Strong Half-Year Financial Performance

Excelsior Capital Limited ( (AU:ECL) ) has provided an update.

Excelsior Capital Limited reported a significant increase in its financial performance for the half-year ending December 31, 2024. The company’s revenue from continuing ordinary activities rose by 487% to $3.5 million, and its net profit after tax increased by 1,577% to $1.83 million compared to the previous year. The board has declared an interim fully franked dividend of 4 cents per share, reflecting the company’s strong financial health and commitment to returning value to shareholders. This performance underscores Excelsior’s robust operational strategy and enhances its position in the investment management industry.

More about Excelsior Capital Limited

Excelsior Capital Limited (ASX: ECL) is a listed investment entity that was established in 1991 and listed on the Australian Securities Exchange in 1993. The company manages an investment portfolio, focusing on generating returns for its stakeholders.

YTD Price Performance: 1.27%

Average Trading Volume: 5,589

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: A$92.78M

See more data about ECL stock on TipRanks’ Stock Analysis page.

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