Spheria Emerging Cos. Reports Decreased Profits
Company Announcements

Spheria Emerging Cos. Reports Decreased Profits

Spheria Emerging Cos. Ltd. (AU:SEC) has released an update.

Spheria Emerging Companies Limited reported a 19.9% revenue decrease and a 21.2% drop in profits for the fiscal year ending June 2024, with earnings per share also down by 20.6%. Despite the downturn, the company maintained regular quarterly dividends, with a slight increase in the final quarter’s payout to 3.4 cents per share. The net tangible assets per security saw a marginal increase compared to the previous year.

For further insights into AU:SEC stock, check out TipRanks’ Stock Analysis page.

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