MA Financial Group Limited (ASX:MAF) Reports Year-End Financial Results
Financial Performance
MA Financial Group Limited reported revenue from ordinary activities of $896.67 million for the year ended 31 December 2024, representing a 17.1% increase compared to $765.4 million in the previous year. Total income rose by 46.8% to $576.7 million, while net profit after tax attributable to ordinary equity holders increased by 46.7% to $41.82 million. Comprehensive income surged by 133.2% to $44.3 million.
Dividend Declaration
The company paid an interim dividend of 6.0 cents per ordinary share on 18 September 2024 and resolved a final dividend of 14.0 cents per share, both franked at 3.0%. The final dividend has a record date of 26 February 2025 and will be paid on 20 March 2025.
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 recommended Ma Financial Group. 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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