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Australian Foundation Investment Co. reported a net profit of $285.0 million for FY25, down 3.9% YoY. The company maintained its final dividend at 14.5 cents per share and declared a special dividend of 5 cents per share. Net tangible assets per share increased to $8.33, while the portfolio returned 10.7%, underperforming the S&P/ASX 200 Accumulation Index. AFIC remains optimistic about the long-term prospects of its portfolio and is committed to its focus on quality companies.

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