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Katana Capital Reports Decline in Half-Year Profits but Maintains Dividend

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Katana Capital Reports Decline in Half-Year Profits but Maintains Dividend

Katana Capital Ltd. ( (AU:KAT) ) has issued an update.

Katana Capital Ltd. announced its financial results for the half-year ending December 31, 2024, reporting a 40% decrease in revenue from ordinary activities and a 44% decline in net profit attributable to members compared to the previous year. Despite the downturn, the company declared a 0.5 cent fully franked interim dividend for the period, maintaining the same dividend level as the previous year. The net tangible asset backing per ordinary security slightly increased to $1.308 from $1.277, indicating a stable asset position despite the profit decline.

More about Katana Capital Ltd.

YTD Price Performance: -3.25%

Average Trading Volume: 24,695

Technical Sentiment Consensus Rating: Sell

For an in-depth examination of KAT stock, go to TipRanks’ Stock Analysis page.

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