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Shaver Shop Group Ltd. Reports Modest Decline in Half-Year Financials

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Shaver Shop Group Ltd. Reports Modest Decline in Half-Year Financials

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Shaver Shop Group Ltd. ( (AU:SSG) ) has issued an announcement.

Shaver Shop Group Ltd. reported a slight decline in revenue and net profit for the half-year ending December 2024, with revenue down by 1% and net profit decreasing by 3.5% compared to the previous year. Despite the decline, the company announced a 100% franked interim dividend of 4.8 cents per share, reflecting its commitment to returning value to shareholders. The company’s net tangible asset per share also saw a reduction, highlighting a need for strategic focus on operational efficiencies.

More about Shaver Shop Group Ltd.

Shaver Shop Group Ltd. operates in the retail industry, specializing in the sale of personal grooming and beauty products. The company is known for its range of shavers, clippers, and associated grooming accessories, focusing on providing quality grooming solutions to consumers.

YTD Price Performance: 5.30%

Average Trading Volume: 93,759

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$182.1M

For a thorough assessment of SSG stock, go to TipRanks’ Stock Analysis page.

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