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Alpha HPA Reports Revenue Surge but Increased Losses in H1 2024

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Alpha HPA Reports Revenue Surge but Increased Losses in H1 2024

Alpha HPA Limited ( (AU:A4N) ) has issued an announcement.

Alpha HPA Limited has released its interim financial report for the half year ending December 31, 2024, showing a significant increase in revenue by 181.4% to $71,067. Despite the revenue growth, the company reported a net loss of $15,839,951, up 85.5% from the previous period. The report highlights the company’s ongoing financial challenges despite increased sales, with no dividends declared for the period.

More about Alpha HPA Limited

Alpha HPA Limited operates in the advanced materials industry, focusing on the production of high purity alumina (HPA) and related products. The company is involved in the development and commercialization of its proprietary HPA production technology, targeting markets such as LED lighting, lithium-ion batteries, and other high-tech applications.

YTD Price Performance: -2.25%

Average Trading Volume: 1,749,594

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$988.6M

See more insights into A4N stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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