Learn more

Telstra Group Ltd (ASX:TLS) told investors that overall profits had fallen nearly 13% during the 2024 financial year, while earnings were also down more than 4 %. In its full year financial report to the market, the telco giant said NPAT (net profit after tax) had come in at $1.8 billion in the year to June 30, 2024 – this registering a 12.8% drop from the same time last year. For the same period, EBITDA (earnings before interest, taxes, depreciation, and amortization) came in at $7.5 billion – a 4.2% fall compared to the 2023 financial year. The company witnessed income growth in six of its s…

cuu