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Monday 27 July 2020

AFIC revenue and profit down 40%

AFI reports

The AFIC Annual Report is worth a read.

Revenue and profit took a big knock, both falling by more than 40 per cent:


Source: ASX

And there was a stark warning about prevailing stock market valuations.

Source: ASX

AFIC will maintain its final dividend, at 14 cents per share.

Summary: perhaps a tad frothy since March.

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