Medibank Private Ltd. (AU:MPL) has released an update.
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Medibank Private Limited has announced a robust financial performance for the fiscal year ended June 30, 2024, with a significant 59.6% increase in after-tax profit and a total revenue jump of 8.1%. Shareholders are set to receive a fully franked final dividend of 9.40 cents per share, payable in late September following a similarly franked interim dividend earlier in the year. The company has also transitioned to the new AASB 17 accounting standard, which has been retrospectively applied to previous financial results.
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