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Mayfield Group Holdings Limited (ASX:MYG)

ALERT: Price-sensitive ASX Announcement for MYG
Current share price for MYG : $2.040 0.82 (67.21%)+
Announcement
Release
27 Aug 2025 3:32PM
Price at Release
$1.220
Full Release
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Summary
Mayfield Group Holdings Limited (MYG) has issued its Preliminary Final Report for the year ended 30 June 2021, posting a significant increase in revenue and net profit attributable to shareholders compared to the previous year. The company’s strong operational performance was underpinned by increased demand from the telecommunications and energy sectors, as well as the successful acquisition of Power Parameters Pty Ltd. MYG declared a fully franked final dividend and maintains a robust balance sheet, positioning itself well for continued organic growth and further strategic acquisitions. The Board remains optimistic about future prospects and acknowledges the efforts of its team in driving performance and delivering shareholder value.
Key Points
  • MYG, Mayfield Group Holdings Limited, released its Preliminary Final Report for the year ended 30 June 2021.
  • The company reported revenue of $56.2 million, an increase from the previous year’s revenue of $36.6 million.
  • Net profit after tax (NPAT) attributable to members was $4.9 million, compared to $2.7 million in the prior year.
  • The company declared a fully franked final dividend of 2.0 cents per share.
  • The report highlights strong operational performance and growth across its businesses, driven by increased demand from the telecommunications and energy sectors.
  • MYG successfully completed the acquisition of Power Parameters Pty Ltd during the period, contributing to revenue and profit growth.
  • The company’s balance sheet remains strong with net assets of $27.9 million.
  • MYG continues to focus on organic growth and evaluating strategic acquisition opportunities.
  • The company is optimistic about future growth given infrastructure upgrades and renewable energy trends.
  • The Board and management acknowledge the contribution of staff and stakeholders, and remain committed to delivering shareholder value.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.