Reject Shop Limited Reports Mixed Financial Results

Reject Shop Limited (AU:TRS) has released an update.

The Reject Shop Limited reports a revenue increase of 4.1% to $852,736 for the 52-week period ended 30 June 2024, but a significant drop in profits by 54.3%, resulting in a net profit of $4,713. The company has decided not to declare a final dividend for this financial period, as the interim dividend paid previously covers 80% of the FY24 net profit post-tax, aligning with the company’s dividend policy.

For further insights into AU:TRS stock, check out TipRanks’ Stock Analysis page.