An update from WT Financial Group Ltd. ( (AU:WTL) ) is now available.
WT Financial Group Limited reported a significant increase in its half-year financial results, with underlying revenue rising by 33.7% to $106.40 million and underlying net profit before tax increasing by 43.3% to $2.59 million. The company declared a 0.2 cents per share dividend, reflecting its strong financial performance and commitment to returning value to shareholders. The results indicate a robust operational performance with no impact from one-off items, aligning statutory and underlying measures.
More about WT Financial Group Ltd.
WT Financial Group Limited is one of the largest financial adviser networks in Australia, providing wealth management, retirement planning, and personal risk insurance advice. The company operates through a network of around 400 privately-owned advice practices under its subsidiaries, including Wealth Today, Sentry Advice, Synchron Advice, and Millennium3. Its B2C division offers financial advice services directly to wholesale and retail clients through the Spring Financial Group brand.
YTD Price Performance: 50.0%
Average Trading Volume: 184,351
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$46.2M
For an in-depth examination of WTL stock, go to TipRanks’ Stock Analysis page.