Tamawood's Financial Year Ended 30 June 2024 Report

Tamawood Limited (ASX: $TWD) has released its Appendix 4E - Final Report for the financial year ended 30 June 2024. The company reinstated the dividend reinvestment plan for the April 2019 interim and final dividend and maintains a debt-free status with substantial cash reserves.

Executive Commentary on Financial Performance

The dividend reinvestment plan was reinstated for the April 2019 interim and final dividend, reflecting our commitment to providing value to our shareholders. We are pleased to report that Tamawood remains debt free and holds significant cash reserves, which positions us well for future opportunities and challenges.

Summary of Tamawood's Financial Year Ended 30 June 2024 Report

Tamawood Limited (ASX: $TWD) has reinstated the dividend reinvestment plan for the April 2019 interim and final dividend, demonstrating its dedication to enhancing shareholder value. The company's debt-free status and substantial cash reserves provide a strong foundation for future endeavors. The financial statements, including the Consolidated Statement of Profit or Loss and Other Comprehensive Income, Consolidated Statement of Financial Position, Consolidated Statement of Cash Flows, and Consolidated Statement of Changes in Equity, have been audited with an unqualified audit opinion issued. Tamawood's commitment to maintaining the same accounting policies ensures transparency and consistency in its financial reporting.