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Zicom Group Limited (ASX:ZGL)

ALERT: Price-sensitive ASX Announcement for ZGL
Current share price for ZGL : $0.130 0.059 (83.10%)+
Announcement
Release
28 Feb 2025 2:57PM
Price at Release
$0.071
Full Release
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Summary
Zicom Group Limited's half-year financial report for the period ended 31 December 2024 highlights a strong financial performance with revenues rising by 19.75% to S$71,239,000 and a net profit after tax of S$2,599,000, marking a significant recovery from the previous period's loss. The company did not declare any interim dividends, and its net tangible assets per security increased to 22.47 Singapore cents. The report covers operations across various segments including Green Energy, Gas & Marine Equipment, and Construction Equipment, without any changes to controlled entities. The financial statements were reviewed by PKF Brisbane Audit.
Key Points
  • Zicom Group Limited reported a significant improvement in financial performance for the half year ended 31 December 2024.
  • Revenue increased by 19.75% to S$71,239,000 compared to the previous year.
  • Net profit after tax attributable to members was S$2,599,000, a significant turnaround from a loss of S$2,816,000 in the previous period.
  • The company did not declare any interim dividends for the period.
  • Net tangible assets per security increased by 7.61% to 22.47 Singapore cents.
  • There were no changes to controlled entities during the period.
  • Zicom Group Limited operates in segments including Green Energy, Gas & Marine Equipment, Construction Equipment, and Precision Engineering & Technologies.
  • The financial report was reviewed by PKF Brisbane Audit.
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.