tiprankstipranks
FAR Limited Reports Monumental Profit Growth
Company Announcements

FAR Limited Reports Monumental Profit Growth

FAR Ltd (AU:FAR) has released an update.

Don't Miss our Black Friday Offers:

FAR Limited has reported a staggering 1515.3% increase in profit after tax, amounting to $40,825,556 for the half-year ended June 30, 2024, compared to a loss in the previous year. The company’s net tangible assets per share also saw a significant rise to 47.19 cents from 3.21 cents. Despite this financial turnaround, the company did not pay, recommend, or declare any dividends during the period.

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

Related Articles
TipRanks Australian Auto-Generated NewsdeskFAR Ltd Witnesses Major Voting Power Shift
TipRanks Australian Auto-Generated NewsdeskWestern Gate Group Boosts Stake in FAR Ltd
TipRanks Australian Auto-Generated NewsdeskFAR Ltd Shareholder Increases Voting Power
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