Money3 Corporation Limited ( (AU:SVR) ) has provided an announcement.
Solvar Limited reported a 3.1% decrease in operating income to $108.6 million for the half year ending December 2024, compared to the previous year. Despite this, the company saw a significant 27.9% increase in profit after tax, reaching $16.9 million. The company announced an interim dividend of 6.00 cents per security, fully franked, with payment scheduled for April 2025. During the period, Solvar wound up several entities due to inactivity and established a new trust entity for funding purposes, indicating a strategic shift in its operational structure.
More about Money3 Corporation Limited
YTD Price Performance: -8.05%
Average Trading Volume: 187,767
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$277.6M
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