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Australian Agricultural Projects Limited (ASX:AAP)

ALERT: Price-sensitive ASX Announcement for AAP
Current share price for AAP : $0.067 0.02 (42.55%)+
Announcement
Release
29 Aug 2025 11:48AM
Price at Release
$0.047
Full Release
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Summary
The Preliminary Final Report of Australian Agricultural Projects Limited for the financial year ending 30 June 2025 shows a significant increase in financial performance. Revenue from ordinary activities increased by 18%, leading to a net profit rise of 56% compared to the previous year. Despite this growth, no dividends were declared. The company focuses on operating an olive orchard in Boort, Victoria. The report also highlights a stable financial position with increased net tangible assets and without any new share issues or options during the period.
Key Points
  • The financial report is for the year ended 30 June 2025.
  • Revenue from ordinary activities increased by 18% to $5,596,000.
  • Net profit attributable to members rose by 56% to $1,960,060.
  • No dividends were declared for the reporting period.
  • The company operates a single segment which is an olive orchard located in Boort, Victoria.
  • Net tangible asset backing per ordinary security increased to 4.16 cents.
  • Total comprehensive income for the year was $2,683,943.
  • The company incurred no share issues or options as of 30 June 2025.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.