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Plato Income Maximiser Limited (ASX:PL8)

ALERT: Price-sensitive ASX Announcement for PL8
Current share price for PL8 : $1.385 -0.015 (-1.07%)+
Announcement
Release
22 Aug 2025 6:33PM
Price at Release
$1.400
Full Release
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Summary
Plato Income Maximiser Limited (ASX:PL8) has released its Appendix 4E and annual report for the year ended 30 June 2023. The report provides an overview of the company's financial performance, highlighting a profit after income tax of $15.2 million, compared to $19.8 million in the previous period. The company declared dividends totaling 7.00 cents per share (fully franked) during the year, maintaining its focus on providing monthly income to shareholders. Key financial information includes an increase in total comprehensive income, net tangible asset backing per share, and ongoing management of the investment portfolio. The report outlines the company’s investment strategy, risk management approach, and directors’ commentary on performance, as well as a review of operations, key events during the financial year, and outlook. PL8 continues to operate as a listed investment company, with the primary objective of maximizing income for shareholders through a diversified Australian equities portfolio.
Key Points
  • Profit after income tax for the year ended 30 June 2023 was $15.2 million.
  • Dividends declared during the year totaled 7.00 cents per share, fully franked.
  • The company provides monthly income to shareholders, focusing on Australian equities.
  • Net tangible asset backing per share increased compared to the prior corresponding period.
  • Comprehensive income for the year totaled $14.7 million.
  • Investment portfolio management and risk strategies were maintained.
  • The Investment Manager is Plato Investment Management Limited.
  • Total assets and financial position remain robust.
  • The company’s principal activity is investing in Australian listed securities to maximize income.
  • Directors’ report and financial statements include reviews of performance, strategy, and company outlook.
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.