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Judo Capital Reports Flat Income but Declining Profits in Half-Year Results

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Judo Capital Reports Flat Income but Declining Profits in Half-Year Results

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The latest announcement is out from Judo Capital Holdings Limited ( (AU:JDO) ).

Judo Capital Holdings Limited has reported its half-year financial results for the period ending December 31, 2024. The company announced a statutory operating income from ordinary activities of $201 million, remaining flat compared to the previous period. However, the statutory profit after tax attributable to shareholders decreased by 11% to $41 million. Consequently, the company has decided not to propose any interim dividends for this reporting period. This decision reflects the company’s cautious approach amidst declining profits, potentially impacting shareholder returns and market perceptions.

More about Judo Capital Holdings Limited

Judo Capital Holdings Limited operates in the financial industry, focusing on providing banking services tailored specifically for small and medium-sized enterprises (SMEs). The company is known for its commitment to backing business growth through its financial products and services.

YTD Price Performance: 5.77%

Average Trading Volume: 3,502,910

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$2.15B

See more data about JDO stock on TipRanks’ Stock Analysis page.

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