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Why Did Thorney Technologies’ Profit Plunge 83% Despite Stable Asset Backing?
6:04pm on Tuesday 24th of February, 2026 AEDT
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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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THORNEY TECHNOLOGIES (ASX:TEK)
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