Gale Pacific Limited ( (AU:GAP) ) has issued an update.
Gale Pacific Limited reported a significant improvement in its financial performance for the half-year ending December 31, 2024, with revenues increasing by 17.7% to $90.7 million and a substantial reduction in losses, down 78.1% to $971,000. Despite the improved results, the company did not declare any dividends, reflecting a cautious approach to capital management amid ongoing market challenges.
More about Gale Pacific Limited
Gale Pacific Limited operates in the manufacturing industry, focusing on producing advanced polymer fabrics and shade solutions. The company serves various markets, including consumer, commercial, and industrial sectors, providing products that enhance outdoor living spaces and offer protection against environmental elements.
YTD Price Performance: -11.54%
Average Trading Volume: 103,996
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$32.66M
See more data about GAP stock on TipRanks’ Stock Analysis page.