Select Harvests Posts Strong Growth but No Dividends
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 28 2024
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Source: Business Insider
Financial Performance: Select Harvests Limited reported a 63.7% increase in revenues to AUD 337.3 million and a 101.3% rise in net profit to AUD 1.5 million for the year ending September 2024.
Dividend Announcement: The company opted not to declare any dividends, indicating a cautious approach to capital allocation while signaling potential for future growth.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
