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Regis Healthcare Sees Strong Financial Turnaround with Increased Revenue and Profit

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Regis Healthcare Sees Strong Financial Turnaround with Increased Revenue and Profit

The latest announcement is out from Regis Healthcare Ltd. ( (AU:REG) ).

Regis Healthcare Limited reported a substantial financial turnaround for the half-year ended December 31, 2024, with a 17.5% increase in revenue from ordinary activities to $564.17 million and a significant shift to a net profit of $24.361 million from a loss in the previous corresponding period. This financial improvement underscores the company’s strong operational performance and positively impacts stakeholders by enhancing dividend payouts, with an interim dividend of 8.09 cents per share announced, highlighting a promising outlook for shareholders.

More about Regis Healthcare Ltd.

Regis Healthcare Ltd. is a company operating within the healthcare industry, primarily focusing on providing aged care services. The company offers residential care, home care, and various health-related services aimed at supporting the aging population.

YTD Price Performance: 7.00%

Average Trading Volume: 518,271

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$1.93B

Find detailed analytics on REG stock on TipRanks’ Stock Analysis page.

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