Seven West Media Reports Declining Financials

Seven West Media Limited (AU:SWM) has released an update.

Seven West Media Limited, a prominent Australian media company, reported a decrease in revenue by 4.8% and a significant drop in net profit by 68.9% for the fiscal year ending June 30, 2024. The company also saw declines in EBITDA and EBIT by 33.2% and 36.8% respectively. Despite these results, no dividends were declared or paid during the year.

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