Tamawood Limited (ASX:TWD) Releases Interim Financial Report
Financial Performance
Tamawood Limited reported a 9.56% increase in revenue, reaching $48.467 million for the half-year ended 31 December 2024. Net profit attributable to members rose by 4.52% to $3.333 million. Net tangible assets per share also improved to 78.04 cents from 74.2 cents.
Dividend Update
The company proposed an interim dividend payable in June 2025, subject to review by the Board at the end of March 2025. Additionally, the dividend reinvestment plan has been reinstated and remains available until further notice.
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.
This article was generated using GPT-4o mini, a Large Language Model (LLM), to generate summaries of investing news. While AI is generating the content, we know better than to blindly trust our future robot overlords, and every article is edited and fact-checked by an editor holding the appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content of everything published by The Capital Club.