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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
$9.25 |
Change
0.050(0.54%) |
Mkt cap ! $7.039B | |||
| Open | High | Low | Value | Volume |
| $9.18 | $9.25 | $9.17 | $1.816M | 197.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 8715 | $9.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.26 | 7320 | 6 |
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| Last trade - 12.13pm 30/07/2025 (20 minute delay) ? |
| ARG (ASX) Chart |