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Why Did Thorney Technologies’ Profit Plunge 83% Despite Stable Asset Backing?

6:04pm on Tuesday 24th of February, 2026 AEDT Investment
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Why Did Thorney Technologies’ Profit Plunge 83% Despite Stable Asset Backing?

6:04pm on Tuesday 24th of February, 2026 AEDT
Key Points
  • Half-year net profit after tax down 83% to $1.59 million
  • Net tangible asset backing stable at 25.8 cents per share
  • On-market share buyback program extended to November 2026
  • Portfolio focused on listed and unlisted tech and healthcare companies
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about THORNEY TECHNOLOGIES (ASX:TEK)
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