International Equities Corp. Ltd. (AU:IEQ) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
International Equities Corporation Ltd reports a significant turnaround with a 225.97% increase in profits after tax, reaching A$516k for the quarter ended June 30, 2024. This is a stark contrast to the loss of A$650k in the same period last year. Additionally, net tangible asset backing per ordinary security rose from $0.0455 to $0.0497, suggesting a strengthening financial position.
For further insights into AU:IEQ stock, check out TipRanks’ Stock Analysis page.