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CleanSpace Holdings Reports Improved Financial Performance for H2 2024

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CleanSpace Holdings Reports Improved Financial Performance for H2 2024

An announcement from CleanSpace Holdings Ltd. ( (AU:CSX) ) is now available.

CleanSpace Holdings Limited reported a significant improvement in its financial performance for the half-year ended December 31, 2024, with revenues increasing by 25.9% to $9,177,420. The company’s loss after tax decreased by 80.3% to $404,234, indicating a positive trend towards financial stability. Despite the improved financial results, no dividends were declared or paid during this period, which may impact shareholder expectations. The net tangible assets per ordinary security slightly decreased from $0.25 to $0.24, reflecting minor changes in the company’s asset base.

More about CleanSpace Holdings Ltd.

CleanSpace Holdings Limited operates in the safety equipment industry, primarily focusing on the development and manufacturing of respiratory protection devices. The company is known for its innovative solutions aimed at providing high-quality respiratory protection to various market segments.

YTD Price Performance: -8.70%

Average Trading Volume: 30,735

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$32.82M

For an in-depth examination of CSX stock, go to TipRanks’ Stock Analysis page.

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