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Argo Investments Limited (ASX:ARG) has increased full year profit by 11.8 per cent.
The Adelaide-based investment firm’s net profit rose to $172.06 million for the 12 months to June 30, from $153.9 million a year earlier.
Operating profit increased 20.5 per cent to the same figure as the net profit result.
The company says it had cash reserves of about $160 million and no debt.
Chief executive Jason Beddow says the company remains ready to take advantage of selective buying opportunities, as they present themselves in the share market.
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Last
$8.83 |
Change
0.040(0.46%) |
Mkt cap ! $6.815B | |||
| Open | High | Low | Value | Volume |
| $8.85 | $8.85 | $8.80 | $585.8K | 66.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150 | $8.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.85 | 6868 | 4 |
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| Last trade - 10.19am 07/11/2024 (20 minute delay) ? |
| ARG (ASX) Chart |
