Tassal Reports Double Digit Decline in Revenue

  • Feb 12, 2020 AEDT
  • Team Kalkine

Tassal Group Limited (ASX: TGR) has announced its results for the half year ended 31 December 2019. The company reported revenue of $274.49 million in the 1HFY20, down 15.8 per cent on the previous first half.

  • Operating EBITA increased by 3.4% on the pcp to $66.46 million and operating NPAT declined 3.4% on the pcp to $30.64 million;
  • The interim dividend was held at 9 cents per share, in line with 2019, franked at 25 per cent.

At AEST 12:55PM, the stock was trading at $4.250 per share, up by 3.155% from its previous close.

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK