Desane Group - Earnings

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Desane Group Holdings Limited (ASX: DGH) 1H24 Earnings Forecast Summary

Desane Group Holdings Limited has announced its anticipated earnings before interest and tax (EBIT) for the first half of the 2024 financial year (1H24), ending 31 December 2023. The company forecasts EBIT to be between $3.5 million and $3.6 million, showcasing an increase from the $1.4 million reported in the previous corresponding period (1H23).

The final results for HY24 are pending the completion of an audit review. Desane plans to release detailed operational performance insights and its audited financial statements for 1H24 by 28 February 2024 at the latest. This announcement indicates a strong half-year performance for Desane, more than doubling its EBIT from the prior year.

This announcement is a summary of the company approved ASX announcement on 20/2/2024 and is based on facts from the announcement.