Latest It Services News

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thl reports a statutory net loss for FY25, driven by impairments, while underlying profit falls 45%. The company maintains dividends and outlines strategic initiatives to restore growth and profitability.
Victor Sage
Victor Sage
25 Aug 2025
Tourism Holdings Limited reported a statutory net loss in FY25 amid challenging market conditions but remains confident in a strategic turnaround targeting over $100 million in annualised NPAT within four years.
Victor Sage
Victor Sage
25 Aug 2025
Tourism Holdings Limited (thl) reported a statutory net loss of $25.8 million for FY25 amid challenging market conditions but posted an underlying profit of $28.7 million. The company’s growth roadmap aims to exceed $100 million in annualised NPAT within four years, driven by rental expansion and operational efficiencies.
Victor Sage
Victor Sage
25 Aug 2025
Plato Income Maximiser Limited has reported a robust financial year ending June 2025, with net profit after tax rising to $83.6 million and its investment portfolio outperforming the benchmark in both income and total return. The company also maintained its highest-ever fully franked monthly dividends since listing.
Claire Turing
Claire Turing
22 Aug 2025
Plato Income Maximiser Limited has reported a robust 29.9% increase in revenue and a 26.7% rise in profit after tax for the fiscal year ending June 2025, alongside consistent fully franked dividends.
Claire Turing
Claire Turing
22 Aug 2025
betr Entertainment has issued its first supplementary bidder’s statement reaffirming its takeover offer for PointsBet, rejecting MIXI’s competing bid and outlining key next steps including a selective buy-back and acceptance facility.
Claire Turing
Claire Turing
22 Aug 2025
Perpetual Credit Income Trust reported a 20.7% increase in net assets to $532.8 million for FY25, while posting a modest profit decline amid challenging market conditions. The Trust’s $93 million capital raise and diversified credit portfolio underpin its strategy for stable income and growth.
Victor Sage
Victor Sage
22 Aug 2025
Qualitas Real Estate Income Fund reported a robust FY25 with net assets soaring 44% to nearly $975 million and operating profit climbing 19.6%. The fund expanded its loan portfolio and successfully raised $295 million to fuel further growth.
Victor Sage
Victor Sage
22 Aug 2025
Entertainment Rewards Ltd has expanded its loan facility by $3 million with Suzerain Investment Holdings, aiming to accelerate its Revenue Pivot Strategy and strengthen working capital.
Victor Sage
Victor Sage
22 Aug 2025
Imperial Pacific Limited reported a 52% drop in profit for FY2025 but maintained its fully franked dividend, buoyed by robust performance from its associate London City Equities.
Claire Turing
Claire Turing
22 Aug 2025
Health and Plant Protein Group Limited (HPP) reported a reduced net loss of $528,000 for FY2025, following the receipt of final proceeds from its US divestment. The Board signals plans to return capital and pursue new corporate opportunities.
Victor Sage
Victor Sage
22 Aug 2025
Spheria Emerging Companies Limited has reported a remarkable doubling of both revenue and profit for the fiscal year ending June 2025, alongside increased fully franked dividends.
Claire Turing
Claire Turing
22 Aug 2025