Farm Pride Foods Limited ( (AU:FRM) ) just unveiled an update.
Farm Pride Foods Limited reported a significant financial turnaround for the half-year ended 31 December 2024, with a net profit of $1.629 million, marking a 276.68% increase from a loss of $922,000 in the previous corresponding period. Despite a 6.33% decline in revenue to $45.138 million, the company’s improved profitability suggests effective cost management and operational efficiency, which could strengthen its position in the competitive food industry.
More about Farm Pride Foods Limited
Farm Pride Foods Limited operates in the food industry, focusing on the production and distribution of egg and egg-related products. The company is known for its commitment to quality and sustainability, serving a diverse market that includes both retail and commercial sectors.
YTD Price Performance: 50.0%
Average Trading Volume: 33,658
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$39.58M
For detailed information about FRM stock, go to TipRanks’ Stock Analysis page.