Bon Natural Life (BON) has released an update.
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Bon Natural Life Limited reports a significant increase in its total assets, rising from approximately $46.56 million to $50.08 million in the half-year period ending March 31, 2024. However, the company’s revenue has seen a decline from $14.15 million to $10.18 million, with a net loss of $41,798, a stark contrast to the net income of $2.10 million in the previous year. The balance sheet shows a strengthening financial position with higher cash and advance to suppliers, despite the downturn in profitability.
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