Bowler Metcalf Limited has released its condensed unaudited group financial results for the six months ending 31 December 2023, showcasing a robust performance and a significant increase in dividends.
Financial Highlights
The company reported a notable increase in key financial metrics compared to the same period last year:
| Metric | 31 December 2023 (Unaudited) | % Change | 31 December 2022 (Unaudited) |
|---|---|---|---|
| Revenue (R’mil) | 434.0 | +21 | 358.3 |
| Profit from operations | 56.6 | +47 | 38.5 |
| Net profit before tax | 69.2 | +47 | 47.1 |
| Net profit after tax | 50.5 | +49 | 33.9 |
| Earnings per share (cents) | 73.49 | +52 | 48.39 |
| Dividends per share (cents) | Final previous year: 24.60 | Interim: 24.00 | |
Dividend Declaration
Bowler Metcalf Limited has declared an interim gross cash dividend of 24.00 cents per share for the six months ending 31 December 2023, marking a significant increase from the previous interim dividend of 15.80 cents per share. The dividend is payable to shareholders on 25 March 2024.
Shareholders are advised that the last day to trade will be on 18 March 2024, with the ex-dividend date set for 19 March 2024, and the record date on 22 March 2024. During the period between the ex-dividend date and the record date, share certificates may not be dematerialised or re-materialised.
Conclusion
Bowler Metcalf Limited’s strong financial results for the six months ending 31 December 2023 reflect its continued growth and stability in the market. The increased interim dividend underscores the company’s commitment to delivering value to its shareholders amidst a challenging economic environment.
This website uses cookies.
