Latitude Group’s Profits Surge, No Dividend Declared

Latitude Group Holdings Ltd. (AU:LFS) has released an update.

Latitude Group Holdings Ltd. has reported a significant increase in profitability for the first half of 2024, with revenue up by 6.2% and profit after tax soaring by 109.8%. Despite these strong financial results, the company did not declare an interim dividend for the period. Shareholders also saw a slight increase in net tangible assets per security, which rose from $0.40 to $0.42.

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