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Hot Topic NBR Focus: GMO
Hot Topic NBR Focus: GMO
Tech & Innovation
3 mins to read

Vital hands out dividend despite profit fall

Tech company pays 2.5c per share as it eyes end of big capex spending.

Geraden Cann Tue, 25 Aug 2020

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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Vital hands out dividend despite profit fall
Tech & Innovation,
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