Ecofibre Ltd. (AU:EOF) has released an update.
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Ecofibre Ltd. has reported a revenue decline of 9% in the 2024 financial year compared to the previous year, with a slight improvement in overall losses from $39,913,000 to $39,214,000. The company experienced a marginal drop in losses from continuing operations but saw a notable 54% decrease in losses from discontinued operations. No dividends were paid, recommended, or declared during the period.
For further insights into AU:EOF stock, check out TipRanks’ Stock Analysis page.
