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Argo Investments Limited (ASX:ARG) has increased full year profit by 11.8 per cent.
The Adelaide-based investment firm’s net profit rose to $172.06 million for the 12 months to June 30, from $153.9 million a year earlier.
Operating profit increased 20.5 per cent to the same figure as the net profit result.
The company says it had cash reserves of about $160 million and no debt.
Chief executive Jason Beddow says the company remains ready to take advantage of selective buying opportunities, as they present themselves in the share market.
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Last
$9.36 |
Change
0.090(0.97%) |
Mkt cap ! $7.122B | |||
| Open | High | Low | Value | Volume |
| $9.27 | $9.36 | $9.22 | $2.378M | 255.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 214 | $9.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.38 | 2151 | 1 |
View Market Depth
| Last trade - 16.15pm 31/07/2025 (20 minute delay) ? |
| ARG (ASX) Chart |