International Equities Corp. Ltd. (AU:IEQ) has released an update.
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International Equities Corporation Ltd has reported a significant turnaround with a net profit of $804k for the quarter ended March 31, 2024, a stark contrast to the $354k loss in the previous year. Revenues have decreased by 23.73% to $5,241k in the same period. Additionally, the company’s net tangible asset backing per ordinary security increased to $0.0519, up from $0.0479 the year before.
For further insights into AU:IEQ stock, check out TipRanks’ Stock Analysis page.