Skellerup has reported a record unaudited net profit after tax of $24.2 million for the six months ended December 31, 2024, a 12% increase from the previous year.
Revenue for the period reached $165.3m, up 5% from the prior comparative period.
The company's earnings before interest and tax (ebit) also hit a record high of $35m, an 11% increase.
The Agri Division, in particular, had a strong performance, with ebit up 31% to $15.5m.
However, the Industrial Division's ebit was down 2% to $22.4m.
Skellerup's interim dividend was increased by 6% to 9 cents per share.
The company guided for full-year net profit after tax to be in the range of $52m to $56m.
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