Webjet Limited Reports Soaring Profits Amid Revenue Dip

Webjet Limited (AU:WEB) has released an update.

Webjet Limited reported a mixed financial performance for the first half of 2024, with total revenue slightly declining by 3% to $170.4 million, but profits from discontinued operations skyrocketing by 2,788% to $190.6 million, leading to a significant 443% increase in net profit to $228.1 million. Although the company has faced some challenges, these results highlight its strong adaptability and potential for future growth, capturing investors’ attention.

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