Finbar (ASX:FRI) Posts FY Net Profit After Tax of A$2.78 Million

<WIRE> Finbar (ASX:FRI) Posts FY Net Profit After Tax of A$2.78 Million

Friday, 8 September 2023

Finbar (ASX:FRI) Group recently declared a net profit after tax amounting to A$2.78 million.

This is a significant contrast to their previous results of an A$10.98 million net profit.

The company also anticipates that the revenue for the fiscal year 2024 will be primarily weighted towards the second half of the year.

Moreover, Finbar (ASX:FRI) disclosed their revenue for the fiscal year as A$34 million, declining from a previous A$91.1 million.

Finbar Group is a property development and investment company mainly operating in Western Australia.

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<WIRE> Finbar (ASX:FRI) Posts FY Net Profit After Tax of A$2.78 Million

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