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Supply Network Limited Reports Strong Half-Year Financial Results

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Supply Network Limited Reports Strong Half-Year Financial Results

Supply Network Limited ( (AU:SNL) ) has issued an update.

Supply Network Limited reported a significant increase in its financial performance for the half-year ending December 31, 2024, with revenue rising by 18.3% to $172,021,000 and net profit after tax increasing by 31.6% to $19,790,000. This robust performance underscores the company’s strong market position and its ability to deliver value to shareholders, as evidenced by the declared interim dividend of 32.0 cents per security, fully franked, to be paid on April 4, 2025.

More about Supply Network Limited

Supply Network Limited operates in the supply chain industry, focusing on the distribution of automotive parts and related services. The company is known for its extensive market reach and commitment to providing high-quality products and services to its customers.

YTD Price Performance: 11.09%

Average Trading Volume: 28,473

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$1.58B

For an in-depth examination of SNL stock, go to TipRanks’ Stock Analysis page.

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