Appendix 4D

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Stock Advance Zinctek Ltd (ANO.ASX)
Release Time 19 Feb 2025, 2:06 p.m.
Price Sensitive Yes
 Advance ZincTek Ltd reports 48% profit increase
Key Points
  • Revenue up 2.6% to $5.72 million
  • Profit after tax up 48.36% to $954,000
  • No interim dividend declared
Full Summary

Advance ZincTek Ltd has released its Appendix 4D Interim Financial Report for the half-year ended 31 December 2024. The company reported a 2.6% increase in revenue from ordinary activities to $5,718,000 and a 48.36% increase in profit after tax from continuing activities attributable to members to $954,000. Net profit attributable to members also increased by 48.36% to $954,000. The company's net tangible assets per share decreased from 45.74 cents to 42.47 cents, while basic earnings per share increased from 1.03 cents to 1.52 cents. The Board has decided not to pay an interim dividend. There were no changes to the company's control over subsidiaries or associates and joint venture entities during the half-year.