Fonterra Shareholders Fund Posts 93% Surge in Revenue in Fiscal 2024; Shares Up 3%

MT Newswires Live09-25

Fonterra Shareholders Fund (NZE:FSF, ASX:FSF) reported on Wednesday that its total revenue for the 12 months ended July 31 was NZ$158 million, a 93% increase on the year-ago period.

The investment fund declared a final dividend of NZ$0.40 per share with a record date of Oct. 2, payable on Oct. 11.

The fund's shares were up almost 3% in recent Wednesday trade in New Zealand.

Price (AUD): $4.65, Change: $+0.12, Percent Change: +2.65%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment