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Kip McGrath Reports Strong Financial Turnaround and Declares Dividend

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Kip McGrath Reports Strong Financial Turnaround and Declares Dividend

An update from Kip McGrath Education Centres Limited ( (AU:KME) ) is now available.

Kip McGrath Education Centres Limited reported a significant financial turnaround for the half-year ended December 2024, with revenues increasing by 2.4% to $15.25 million and a remarkable 955.6% rise in profit after tax to $616,000. The company declared a fully franked interim dividend of 0.5 cents per share, reflecting its improved financial health and commitment to shareholder returns.

More about Kip McGrath Education Centres Limited

Kip McGrath Education Centres Limited operates in the education sector, focusing on providing tutoring services to students. The company offers educational programs aimed at improving the learning outcomes of children, with a market focus on enhancing academic performance through personalized tutoring solutions.

YTD Price Performance: -2.17%

Average Trading Volume: 21,762

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$25.58M

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

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