Tower Posts Higher Fiscal H1 Earnings, Insurance Revenue

MT Newswires Live

May 20, 2025

Tower (ASX:TWR, NZE:TWR) reported Tuesday that its earnings per diluted share in the fiscal first half rose to NZ$0.13 from NZ$0.094 a year earlier.

Analysts polled by Visible Alpha expected NZ$0.114.

Insurance revenue for the six months ended March 31 was NZ$295.8 million, up from NZ$269.4 million in the same period a year earlier. Analysts surveyed by Visible Alpha expected NZ$292.7 million.

Gross written premium for the first half was NZ$297 million, up from NZ$291 million a year earlier. Analysts surveyed by Visible Alpha expected NZ$303.6 million.

The board declared an interim dividend of NZ$0.08 per share, up from NZ$0.03 a year earlier, payable on June 26 to shareholders on record as of June 12.

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Analysts surveyed by Visible Alpha expected NZ$292.7 million.</p><p>Gross written premium for the first half was NZ$297 million, up from NZ$291 million a year earlier. Analysts surveyed by Visible Alpha expected NZ$303.6 million.</p><p>The board declared an interim dividend of NZ$0.08 per share, up from NZ$0.03 a year earlier, payable on June 26 to shareholders on record as of June 12.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TWR.AU","symbol_name":"TOWER LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2536348653","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536348653","pubTimestamp":1747692181,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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