Hancock & Gore Limited (AU:HNG) has released an update.
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Hancock & Gore Limited reported a 5.2% increase in revenues, reaching $7.3 million, but faced a significant 40% drop in net profit to $4.9 million for the year ending September 2024. Earnings per share also decreased by 51.4% to 1.8 cents, while the company declared a final fully franked dividend of 1.0 cent per share. Notably, the acquisition of Mountcastle Pty Ltd contributed $4.5 million in dividend income this year.
For further insights into AU:HNG stock, check out TipRanks’ Stock Analysis page.
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