CAQ Holdings Sees Notable Loss Reduction

CAQ Holdings Limited (AU:CAQ) has released an update.

CAQ Holdings Limited reports a significant reduction in losses for the half-year ended June 30, 2024, with a decrease in loss of 81.3% to $684,650, primarily due to a smaller drop in the fair value of investment properties. The company’s revenue has also fallen by 25.8%, and it has announced that no dividends will be paid for this period. The net tangible assets per share remain steady at 8 cents, mirroring the previous year’s figures.

For further insights into AU:CAQ stock, check out TipRanks’ Stock Analysis page.