<AD>

<WIRE> Silk Logistics (ASX:SLH) Anticipates Continued Growth in Revenue and Earnings for FY24

Silk Logistics (ASX:SLH) has stated its expectations to continue the growth trend for its revenue and earnings in the financial year 2024.

The company has reiterated its commitment towards business investments, with the goal of reaching a revenue of A$1.0 billion by FY27.

Silk Logistics has further asserted its strategy to focus on maintaining profitability through increased operational efficiencies, along with various other strategies in the financial year 2024.

Silk Logistics specializes in providing efficient logistics solutions.


<WIRE> Monash IVF Group (ASX:MVF) Projects Continued Growth in Industry Activity by FY24

Monash IVF Group (ASX:MVF) has expressed confidence that the prevailing industry activity will sustain and even expand in FY24.

The company shared its positive outlook while declaring a fully franked dividend of 2.2 AU cents per share.

Monash IVF Group (ASX:MVF) also projects a growth in its revenue and underlying NPAT for FY24.

Important developments foreseen by the Group include the establishment of new fertility clinics and day hospital operations in Cremorne, Victoria, and Gold Coast, Queensland, planned to commence during the first half of FY24.

Monash IVF Group (ASX:MVF) specializes in assisted conception, providing a comprehensive range of infertility assessments and treatments.


<WIRE> Alumina (ASX:AWC) sees substantial drop amid first-half loss and ongoing uncertainty

Alumina (ASX:AWC) has experienced a significant decrease, falling as much as 5.7% to A$1.240, a record low since October 2022.

Alumina’s stock is currently the fourth-largest loser in the ASX 200 benchmark index, as of 0033 GMT.

If this trend continues, it is set to decline for the fifth consecutive session.

The company has seen its biggest intraday drop since February 10th following the news of a H1 net loss after tax of $43 million, opposed to last year’s profit of $168 million.

The organisation states it has faced challenges in the first half of the year, and continues to grapple with ongoing delays with mining permits in Western Australia.

Alumina made no mention of an interim dividend for the year; last year, an announcement of 4.2 U.S.

cents per share was declared.

The company’s stock has gone down overall this year, declining 13.5% as of the most recent close, in stark contrast to the 1.1% increase seen in the ASX 200 benchmark.

Alumina (ASX:AWC) is an Australian company primarily involved in bauxite mining and aluminium smelting.



<WIRE> Ecofibre (ASX:EOF) Targets Positive Operating Cashflows in FY24

Ecofibre (ASX:EOF) has announced its target to achieve positive operating cash flows and positive earnings before interest, taxes, depreciation, and amortization (EBITDA) for the second half of fiscal 2024.

The company is devising strategies to turn profitable within this time frame.

Ecofibre is an industrial health company that focuses on harnessing hemp’s beneficial properties.



<WIRE> Prime Financial Group (ASX:PFG) reports FY23 revenue of A$33.7 million, a 28% rise

According to recent announcements, Prime Financial Group (ASX:PFG) recorded a revenue of A$33.7 million for FY23, marking a 28% increase from the previous year.

The same fiscal year witnessed an underlying EBITDA of A$8.6 million, marking an increase of 11%.

Alongside this, the company announced a yearly dividend of 1.5 AU CPS.

Prime Financial Group (ASX:PFG) appears on track to achieve its goal of doubling its revenue to A$50 million by FY25.

The company has projected its revenue to reach A$100 million within 3 to 5 years from FY25.

Having entered FY24 with strong fundamentals, Prime Financial Group (ASX:PFG) expects a revenue growth of 15% - 20% and a dividend growth of 5% - 10% for the year.

In the same period, the company anticipates its underlying EBITDA to grow by 10% - 15%.

Prime Financial Group (ASX:PFG) offers a broad range of integral business and wealth services and advice, including accounting and business advisory, wealth management, and SMSF services.


<AD>


<WIRE> Hub24 (ASX:HUB) Begins FY24 on High Note

Hub24 (ASX:HUB) has reported a strong start to FY24 with net inflows exceeding the run-rate of Q4 in FY23.

The company has also announced the launch of an on-market share buy-back program, scheduled to begin on September 11, 2023.

In FY23, the number of active advisers using the platform saw a 15% surge, reaching 4,011.

The company has also shared intentions of buying back shares, with a value cap set at around AUD 50 million.

The company also re-evaluated its platform FUA range, now expecting it to reach between AUD 92 billion and AUD 100 billion by FY25, excluding PARS FUA.

Hub24 is a company known for its innovative financial solutions, specifically in the field of investment and superannuation.


<WIRE> Sandfire Resources (ASX:SFR) Secures Mining Licence Extension

Sandfire Resources (ASX:SFR) announced that it has secured an extension for the mining licence of Motheo Copper Mine.

The submission for extension has been greenlit by the Botswana Department of Mines.

The mining company also stated that the development and mining of the A4 deposit are expected to start in the September quarter of the financial year 2024.

Moreover, Sandfire Resources (ASX:SFR) shared plans for an expansion project aiming to increase the processing capacity from the current rate of 3.2MTPA to 5.2MTPA by the end of December quarter of the fiscal year 2024.

Sandfire Resources is a mining and exploration company primarily focused on copper, gold and silver deposits in Australia and Botswana.




<WIRE> Queensland Pacific Metals (ASX:QPM) Sees Decline on Discounted Capital Raise

Queensland Pacific Metals (ASX:QPM) stock has seen a significant drop, declining as much as 25.8% to A$0.069, marking its lowest since February 18, 2021.

The battery mineral explorer states that they have received binding commitments to raise A$16 million through share placement.

The company has also unveiled an A$8 million share purchase plan.

The issuing price of A$0.07 per share represents a roughly 22% discount compared to the last closing price on August 17.

These funds will facilitate gas production growth at the Moranbah Project located in Queensland.

If current trends persist, the shares are facing their worst day since November 28, 2022.

As of the last close, the stock is down around 15.5% this year.

Queensland Pacific Metals (ASX:QPM) is a battery mineral explorer.