International Equities Corp. Ltd. (AU:IEQ) has released an update.
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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.