Butn Limited (ASX:BTN) Reports Half-Year Financial Results

Financial Performance

Butn Limited reported a 5% increase in revenue for the half year ended December 2024, rising from $6.779 million to $7.102 million. The profit from ordinary activities after tax surged by 106%, moving from a loss of $(3.173) million to a profit of $0.205 million.

Dividend Declaration

Butn Limited did not declare an interim dividend for the period ended December 2024, consistent with the previous period.

Net Tangible Assets

The net tangible asset per share decreased by 51%, falling from $0.05 to $0.03.

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