Select Harvests Posts Strong Growth but No Dividends

Select Harvests (AU:SHV) has released an update.

Select Harvests Limited reported an impressive financial performance for the year ending September 2024, with revenues surging by 63.7% to AUD 337.3 million and net profit skyrocketing by 101.3% to AUD 1.5 million. Despite the strong growth, the company announced no dividends for the period, reflecting a cautious approach towards capital allocation. Investors may view this as a sign of robust operational execution and potential for future growth.

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