middle.news
Why Did Sietel’s Profit Halve Despite Strong Asset Backing?
1:49am on Monday 2nd of June, 2025 AEST
•
Real Estate and Investment
Read Story
Why Did Sietel’s Profit Halve Despite Strong Asset Backing?
1:49am on Monday 2nd of June, 2025 AEST
Key Points
Revenues declined 11% to $7.44 million
Net profit after tax halved to $601,097
Impairment loss of $320,000 on unlisted investments
Challenges in leasing retail and industrial properties amid high interest rates
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Sietel (ASX:SSL)
OPEN ARTICLE