Shriro Holdings Ltd. (AU:SHM) has released an update.
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Shriro Holdings Ltd. has reported a decrease in annual revenue by 21.6%, with revenue dropping from $152.4 million to $119.5 million, while managing to improve their gross margin by 5.7%. Profits after tax also fell by 13.8% from $8.0 million to $6.9 million. The company also announced a final dividend of 3.0 cents per share, fully franked, despite a challenging fiscal year.
For further insights into AU:SHM stock, check out TipRanks’ Stock Analysis page.