Tharisa declares interim dividend despite revenue dip; share buyback initiated

Tharisa PLC (JSE:THA) has announced its interim results for the six months ended March 31, 2025, declaring an interim dividend of US$0.015 per share, representing 54.3% of net profit after tax (NPAT). This decision comes despite a 23.9% decrease in revenue, which fell to US$280.8 million from US$369.1 million in HY2024. Net profit after tax also saw a significant drop of 78.9% to US$8.2 million.