Barramundi reports 29% revenue increase, raises dividend

Barramundi has reported a 29% increase in revenue for the six months to Dec 31 2023, amounting to $19.7 million.

The company also saw a 39% rise in net profit from continuing operations, which reached $17m.

In addition, Barramundi announced an interim dividend of NZ 1.45 cents per share, with a record date of Mar 7 2024 and a dividend payment date of Mar 28 2024.

The issuer's net tangible assets per quoted equity security for the current period were $0.7532, compared to $0.6544 in the prior comparable period.