NIB Holdings Ltd ( (AU:NHF) ) has provided an announcement.
NIB Holdings Ltd reported its financial results for the half-year ended December 31, 2024, revealing an 8% increase in revenue from ordinary activities to $1,837 million compared to the previous year. However, the company’s net profit attributable to members dropped by 22% to $82.9 million, which might reflect operational challenges. The interim dividend was reduced from 15 cents per share to 13 cents, highlighting a more conservative financial strategy amid the profit decline.
More about NIB Holdings Ltd
NIB Holdings Ltd operates in the insurance industry, offering health insurance products and services. The company focuses on providing private health insurance and related services to its customers, primarily in Australia and New Zealand.
YTD Price Performance: 8.64%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1.75B
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