AuMake Ltd. ( (AU:AUK) ) just unveiled an announcement.
AuMake Limited reported a 19% decrease in revenues for the half-year ended December 31, 2024, compared to the same period in 2023, with revenues totaling $13.57 million. The company’s loss from ordinary activities after tax increased by 42% to $1.93 million. No dividends were declared or paid during this period. Despite the financial downturn, the net tangible assets per ordinary security increased to 0.14 cents from 0.07 cents, and the company expanded its investment portfolio by establishing a joint venture in the wine and tourism industry.
More about AuMake Ltd.
AuMake Limited operates in the retail industry, focusing on providing products and services tailored to the needs of Asian consumers, particularly in the areas of health, beauty, and lifestyle. The company is involved in a joint venture in the Hunter Valley Wine & Tourism sector, holding a 35% share in the Hunter Valley Wine & Tourism Alliance Pty Ltd.
Current Market Cap: A$12.04M
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