Desane Group Holdings Ltd (AU:DGH) has released an update.
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Desane Group Holdings Ltd reported solid financial results for FY24, with a net profit after tax of $1.65m and an increase in total assets by 3% to $101.65m, driven by growth in industrial and commercial property assets. Rental income saw a significant uptick of 12.3% from the previous year. Amidst these positive outcomes, the company announced the planned retirement of its long-serving Managing Director, Phil Montrone, who will be succeeded by Rick Montrone.
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