Share buying for Gina Rinehart has helped Euroz Hartleys offset the weak dealmaking that has held the listed stockbroker and corporate adviser to a small interim profit.
The WA group on Monday flagged net earnings of about $1 million for the six months to December 31, down 66 per cent for the same period a year ago, as core revenue from its equity capital market arm fell a further 26 per cent.
Nonetheless, Euroz will still pay a dividend, albeit reduced from a fully franked 2.5¢ to 1.75¢ a share
TOR Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
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