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Finbar Group Reports Significant Revenue and Profit Growth in 2024

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Finbar Group Reports Significant Revenue and Profit Growth in 2024

The latest announcement is out from Finbar Group Limited ( (AU:FRI) ).

Finbar Group Limited reported a substantial increase in revenue and profit for the six months ending December 31, 2024, compared to the same period in 2023. Revenue surged by over 3261%, and net profit rose by 616%, reflecting strong operational performance. The company declared a final 2024 dividend of 8.0 cents per share, fully franked, marking a significant return to shareholders. This financial performance underscores Finbar’s robust market positioning and potential positive implications for stakeholders.

More about Finbar Group Limited

Finbar Group Limited operates in the real estate industry, focusing on property development and management. The company is involved in residential and commercial projects and has a significant presence in the Australian market.

YTD Price Performance: 5.00%

Average Trading Volume: 65,146

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$228.6M

For a thorough assessment of FRI stock, go to TipRanks’ Stock Analysis page.

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