Shares of Washington H.
Soul Pattinson (ASX:SOL) experienced a decline, plummeting as much as 5.7% to a price of A$32.050, the lowest point reached since late August.
The company’s stocks faced a 5.5% decrease, signifying the worst day since mid-September if the losses continue.
Washington H.
Soul Pattinson, a diversified investment firm, reported a decrease in fiscal year regular profit after tax, dropping to A$759.3 mln from A$834.6 mln.
The firm also noted a staggering 77% downfall in fiscal year revenue from continuing operations to A$629.5 mln.
Despite these setbacks, the company’s stock rose by 22.9% within the current year, up to its last close.
Washington H.
Soul Pattinson is a diversified investment firm known for its robust portfolio and strategic market moves.