Vital hands out dividend despite profit fall
Tech company pays 2.5c per share as it eyes end of big capex spending.
Digital radio and fibre network provider Vital has announced a net profit after tax of $734,00 for the year ending June 30, down from the prior year’s more than $4 million profit, amidst Covid disruption.
The figure was dragged down by the new accounting standard (IFR16) that affected
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