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Spheria Emerging Companies Reports Strong Half-Year Financial Performance

Story Highlights
  • Spheria Emerging Companies Limited reported a 20.4% revenue increase and a 24.9% profit rise.
  • The company paid $4.125 million in fully franked dividends and increased net tangible assets.
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Spheria Emerging Companies Reports Strong Half-Year Financial Performance

The latest update is out from Spheria Emerging Cos. Ltd. ( (AU:SEC) ).

Spheria Emerging Companies Limited has reported a strong financial performance for the half-year ending December 2024, with a focus on emerging companies. The company saw a 20.4% increase in revenue from ordinary activities, reaching $16.6 million, and a 24.9% rise in profit after tax attributable to shareholders, totaling $10.8 million. Basic and diluted earnings per share both increased by 25.7% to 18.1 cents. The company also declared and paid fully franked dividends totaling $4.125 million during the period, with a dividend reinvestment plan in place. The net tangible asset backing per ordinary security showed a slight increase compared to the previous period.

More about Spheria Emerging Cos. Ltd.

YTD Price Performance: 1.33%

Average Trading Volume: 46,792

Technical Sentiment Consensus Rating: Strong Sell

Learn more about SEC stock on TipRanks’ Stock Analysis page.

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