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<WIRE> Shaver Shop Group (ASX:SSG) Rises on Positive Fiscal Year Profit News



Shaver Shop Group (ASX:SSG)’s stock is climbing, reaching its highest level since August 14.

It is currently up by 3.6% and set to mark its best day since July 14, assuming the gains hold.

The personal care products manufacturer has reported a Fiscal Year Net Profit After Tax of A$16.8 million, a 0.8% increase from last year.

The company has declared a fully franked final dividend of 5.5 Australian cents per share.

However, Shaver Shop Group has signaled that total sales for the period from July 1 to August 19 are down by 5.1% compared to the same time last year.

So far this year, the stock has fallen by 5.6%.

Shaver Shop Group is a manufacturer of personal care products.


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