Eildon Capital Group (ASX:EDC) Releases 2025 Half-Year Financial Results
Financial Performance
Eildon Capital Group reported a 9.43% decrease in income from ordinary activities, totalling $3,362,813 for the half-year ended 31 December 2024. The company faced a net loss attributable to members of ($163,487), reflecting a 111.24% decline compared to the previous half-year.
Operational Achievements
During the period, EDC successfully completed the sale of its management rights and direct co-investment stakes in property income funds. Additionally, the company divested its stake in the Officer South Joint Venture and increased its focus on managing a smaller number of high-yielding loans. These strategic moves aim to reshape and simplify the business, maintaining a low ongoing cost base to enhance stakeholder returns.
Dividends
A distribution of 0.600 cents per share/unit and a dividend of 3.400 cents per share were paid on 22 January 2025.
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