Tamawood Ltd reports strong FY2024 results
Key points
- Revenue up 10.6% to $85.1 million
- Profit after tax up 162% to $5.5 million
- Final dividend of 16 cents per share, fully franked
Full summary
Tamawood Ltd has released its Appendix 4E Final Report for the financial year ended 30 June 2024. The company reported revenue from ordinary activities of $85.094 million, up 10.6% from the previous corresponding period. Profit from ordinary activities after tax attributable to members was $5.537 million, an increase of 162% compared to the prior year. Net profit attributable to members also increased by 162% to $5.537 million. Tamawood declared a final dividend of 16 cents per share, which is unfranked, and an interim dividend of 11 cents per share, which is fully franked. The company remains debt-free with significant cash reserves. The report includes the company's consolidated financial statements, including the Statement of Profit or Loss and Other Comprehensive Income, Statement of Financial Position, Statement of Cash Flows, and Statement of Changes in Equity.
Guidance
Tamawood has not provided any high-importance, price-sensitive forward-looking financial metrics in this announcement.
Summary generated by a large language model. Please interpret with care.