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An announcement from Plato Income Maximiser Ltd. ( (AU:PL8) ) is now available.
Plato Income Maximiser Ltd. reported a 3.1% increase in revenues from ordinary activities, amounting to $51.34 million for the period ending December 31, 2024. The company’s profit from continuing operations after tax showed a marginal rise of 0.3%, reaching $39.71 million. Despite these increases, the basic and diluted earnings per share both declined by 14.5%, standing at 5.3 cents. The firm also announced fully-franked dividends of $0.0055 per share for each month from July to December 2024, with plans to continue the same dividend payout into early 2025. The net tangible asset backing per ordinary security rose compared to the previous period, indicating a stable asset position for the company.
More about Plato Income Maximiser Ltd.
Plato Income Maximiser Ltd. operates in the financial services industry, focusing on delivering income maximization solutions. The company primarily offers investment products designed to provide shareholders with regular income distributions.
YTD Price Performance: 3.66%
Average Trading Volume: 505,356
Technical Sentiment Consensus Rating: Sell
See more insights into PL8 stock on TipRanks’ Stock Analysis page.
