Tasmea Ltd. (AU:TEA) has released an update.
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Tasmea Limited reports a substantial 57.1% increase in annual profits, reaching $30,350,000 for the fiscal year ended June 2024, alongside a 25% revenue boost. The company also announced robust dividend payments, with a final dividend of 4 cents per share. Additionally, Tasmea has strategically expanded its operations through acquisitions of Groundbreaking Mining Solutions, Forefront Services, and assets from Dingo De Construction.
For further insights into AU:TEA stock, check out TipRanks’ Stock Analysis page.