WAM Global Posts Lower Profit, Revenue in Fiscal 2024

MT Newswires Live
2024/08/27

Investment company WAM Global's (ASX:WGB) net profit attributable to shareholders declined 12.8% to AU$73.9 million in the year ended June 30 from AU$84.8 million a year ago, according to a Tuesday filing with the Australian Securities Exchange.

Earnings per share fell to AU$0.2087, compared with the prior-year period's AU$0.2408.

Revenue from ordinary activities was AU$119.5 million, down 8.6% from AU$130.8 million in the same period last year, the filing said.

The company declared a final dividend of AU$0.06 per share with a record date of Nov. 21, payable on Nov. 29.

Price (AUD): $2.23, Change: $+0.0100, Percent Change: +0.45%

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