BKI Investment Company Limited (ASX:BKI) Half Year Report 2024
Financial Performance
BKI Investment Company Limited’s half-year results for 2024 show total revenue of $35.5 million, down 1.6% from $36.1 million in 2023. Ordinary revenue slightly increased by 0.3% to $35.0 million, while special investment revenue plummeted by 58.5% to $484,000.
The operating result after tax before special investment revenue decreased by 7.7% to $30.7 million. The company reported a net profit attributable to shareholders of $31.2 million, marking a 9.5% decline from $34.4 million in the previous year. Basic earnings per share followed the trend, falling to 3.81 cents before special revenue and 3.87 cents after.
Dividend Information
BKI has declared an interim ordinary dividend of 3.90 cents per share, fully franked, an increase from 3.85 cents per share last year. The ex-dividend date is February 3, 2025, with payment scheduled for February 28, 2025. The interim dividend reflects the company’s aim to deliver consistent returns to shareholders despite revenue fluctuations.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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