• Revenue up 3,261% to $218.3 million
• Profit after tax up 531% to $9.4 million
• Final 2024 dividend of 8 cents per share, fully franked
• Completed 5 major residential projects, with 3 more under construction

Finbar Group Ltd has reported a strong financial performance for the six months ended 31 December 2024. Revenue from ordinary activities increased by 3,261.38% to $218.3 million, while profit from ordinary activities after tax attributable to members grew by 531.25% to $9.4 million. The company has declared a final 2024 dividend of 8 cents per share, fully franked. During the reporting period, Finbar completed 5 major residential projects, with 3 more currently under construction. The company's investment property portfolio also performed well, with the Fairlanes, Pelago Commercial, and Pelago Residential properties generating ongoing rental income. Looking ahead, Finbar has a strong pipeline of future projects, with development approvals in place for several new residential developments. The company remains focused on delivering high-quality residential and commercial projects in Western Australia.

Finbar Group Ltd has not provided any high-importance, price-sensitive forward-looking financial metrics in the announcement.

Finbar Group Ltd has not provided any specific forward-looking outlook statements in the announcement.