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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.
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Last
$9.42 |
Change
-0.030(0.32%) |
Mkt cap ! $7.168B | |||
| Open | High | Low | Value | Volume |
| $9.44 | $9.45 | $9.37 | $3.896M | 413.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 537 | $9.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.42 | 3739 | 2 |
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| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| ARG (ASX) Chart |