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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
$8.99 |
Change
0.000(0.00%) |
Mkt cap ! $6.815B | |||
| Open | High | Low | Value | Volume |
| $9.01 | $9.09 | $8.97 | $4.437M | 491.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2478 | $8.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.03 | 2512 | 1 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| ARG (ASX) Chart |
