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ALF: Net profit after tax surged 56% to $5.21 million, with EPS up to 18.07 cents and no FY24 dividend

ALF: Net profit after tax surged 56% to $5.21 million, with EPS up to 18.07 cents and no FY24 dividend

Allied Farmers LimitedAugust 22, 20243
ALF: Net profit after tax surged 56% to $5.21 million, with EPS up to 18.07 cents and no FY24 dividend

About this update from Allied Farmers Limited

Net profit after tax attributable to shareholders rose 56% to $5.21 million, driven by a one-off gain from the Frankton saleyards sale. Earnings per share increased to 18.07 cents, and no dividend was declared as the company focuses on leveraging $178 million in tax losses for future growth.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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