Key points
- Revenue from ordinary activities up 2.2% to $5,512.8 million
- Net profit from ordinary activities up 174.5% to $518.6 million
- Interim dividend of 30 cents per share, fully franked
Full summary
SGH Ltd (ASX:SGH) has released its Appendix 4D and Half Year Financial Report for the six months ended 31 December 2024. The company reported revenue from ordinary activities (continuing operations) of $5,512.8 million, up 2.2% from the prior corresponding period. Net profit from ordinary activities after income tax attributable to members increased 174.5% to $518.6 million. Underlying net profit for the period attributable to members was up 16.7% to $505.4 million. SGH declared an interim dividend of 30 cents per share, fully franked, payable on 10 April 2025. The company's net tangible asset backing per ordinary share was $6.13 as at 31 December 2024, up from $4.67 in June 2024. During the period, SGH divested its 50.0% joint venture interest in South Australian Road Services Pty Limited and liquidated its wholly-owned interest in Boral USA. There were no other entities over which control, joint control or significant influence was gained or lost.