Fat Prophets Global Contrarian Fund Ltd. (AU:FPC) has released an update.
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Fat Prophets Global Contrarian Fund Ltd. reported a striking increase in its annual financial results, with revenue surging by 974% and profits before tax up by 843%. Despite the robust financial performance, the company has decided not to declare a final dividend due to current market conditions, reaffirming its commitment to resuming fully franked dividends when possible. Shareholders are invited to the upcoming AGM scheduled for October 18, 2024, at the company’s Sydney offices.
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