Amaysim will not declare interim dividend for 2018

Company News

by Anna Napoli

Telco service provider Amaysim (ASX:AYS) has reported a 28 per cent fall in underlying net profit after tax to $7.5 million for the half year to December 2017.

Net Revenue strengthened, and lifted almost 115 per cent to $294 million compared to the prior corresponding period.

Its underlying earnings (EBITDA) rose 3 per cent to $17.8 million.

The company has decided not to declare an interim or final dividend for the 2018 financial year.

Shares in Amaysim (ASX:AYS) trading 1.64 per cent lower to $1.50

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.