Barramundi has announced a net profit of $28.1 million for the 12 months to June 30 2024.

This represents a 26.7% decrease compared to the previous reporting period.

The company's total revenue from continuing operations also declined 24% to $33.1m.

Barramundi's portfolio, however, performed well with an adjusted net asset value return of 14.5%, surpassing the benchmark index's return of 12.8%.

A final dividend of 1.53 cents per share was declared, with a record date of Sept 5 2024, and a dividend payment date of Sept 27 2024.

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