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    SG Fleet's (ASX:SGF) H1 FY24 results show 8.5% increase in net profit

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    Integrated mobility solutions provider SG Fleet Group booked a net profit after tax of $45.5 million for the first half of FY24, reflecting an 8.5% increase year on year. Earnings per share rose to 13.31 cents.

    Total net revenue was $197.6 million, up from $178.4 million in the same period last year.

    The growth is attributed to record delivery volumes and a strong order pipeline driven by increased corporate and novated channel demand.

    The company's board declared a fully franked interim dividend of 9.6 cents per share, payable on March 20 to shareholders on record as of March 6.

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