Thorney Opportunities Ltd. (AU:TOP) has released an update.
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Thorney Opportunities Ltd. reports a significant increase in financial performance for the fiscal year ending June 30, 2024, with revenue and profits surging by 270% and 223% respectively. The company has declared an increased final dividend of 1.50 cents per share, up from the previous year’s 1.45 cents, but will not operate its Dividend Reinvestment Plan for this dividend. Shareholders also see a 24.4% rise in net tangible asset backing per share, reflecting a strong year-over-year growth.
For further insights into AU:TOP stock, check out TipRanks’ Stock Analysis page.