Appendix 4D - Half Year Results
| Stock | Macmahon Holdings Ltd (MAH.ASX) |
|---|---|
| Release Time | 18 Feb 2025, 8:19 a.m. |
| Price Sensitive | Yes |
Macmahon Holdings Reports Half Year Results
- Revenue up 21.98% to $1,178.7 million
- Profit after tax down 17.83% to $30.0 million
- Interim dividend of 0.550 cents per share
Macmahon Holdings Limited has released its financial results for the six months ended 31 December 2024. The company reported a 21.98% increase in revenue from ordinary activities to $1,178.7 million, compared to the same period in the previous year. However, profit after income tax decreased by 17.83% to $30.0 million, and profit after tax attributable to members also decreased by 17.83% to $30.0 million. Basic earnings per share declined by 18.97% to 1.41 cents. The company has declared an interim dividend of 0.550 cents per share, with a franked amount of 0.236 cents per share. The record date for the interim dividend is 20 March 2025, and the payment date is 10 April 2025. Macmahon's net tangible assets per security were 28.4 cents as of 31 December 2024, compared to 28.9 cents as of 30 June 2024. The company's joint ventures, PT Macmahon Labour Services and MAHBYS Fleet Rental Pty Ltd, continue to operate in the mining services sector with ownership interests of 49.0% and 50.0%, respectively.