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Teaminvest Private Group Ltd ( (AU:TIP) ) has provided an announcement.
Teaminvest Private Group Ltd reported a 20.1% increase in profit after tax for the half-year ended 31 December 2024, despite a slight decrease in revenues by 0.9%. The company declared a dividend of 1.50 cents per share for the same period, indicating a stable financial position. The net tangible assets per ordinary security increased to 173.64 cents, reflecting strong asset management. The company maintains a dividend reinvestment plan, reinforcing its commitment to shareholder returns.
More about Teaminvest Private Group Ltd
Teaminvest Private Group Ltd operates in the investment and financial services industry, focusing on private equity and investment management activities. The company engages in providing strategic investments and asset management services, with a diverse portfolio including various joint ventures and associate entities.
YTD Price Performance: 2.96%
Average Trading Volume: 10,189
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$56.97M
Find detailed analytics on TIP stock on TipRanks’ Stock Analysis page.
