ARG 0.00% $8.99 argo investments limited

News: Argo sees FY profit slide 2.8%

  1. lightbulb Created with Sketch. 1
    .


    Argo Investments Limited (ASX:ARG) full year net profit has slid 2.8 per cent to $167.3 million from the same time last year.



    Argo’s chief says its performance over the financial year was solid considering the difficulty in the Australian equity market over the year . 


     


    The Adelaide-based investment firm maintains a positive outlook citing low unemployment, inflation as well as a strong currency which will allow it to weather future economic shocks. 


     


    The company says it had cash reserves of about $150 million and no debt.



    Argo has declared a final fully franked dividend of 13 cents, payable in September.

 
watchlist Created with Sketch. Add ARG (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
ARG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.