Latest Subsidiary Disposals News

ASF Group Limited reports a dramatic turnaround to a $25.8 million profit for FY2025, driven by a one-off $32.7 million gain from subsidiary disposals amid a 70% revenue drop.

Frontier Digital Ventures reported a 5% decline in consolidated revenue to A$33.3 million for the first half of 2025, driven by challenges in its Latin American property portal Infocasas. However, the company achieved a robust 71% increase in EBITDA, reflecting improved operational efficiency and strong associate performance in Pakistan.

CI1 reported a sharp 57% revenue decline in FY25 but reduced its comprehensive loss by 64% through strategic disposals and capital returns. The company’s financial services operations in Australia and Singapore faced tough market conditions, prompting a portfolio reshaping.