First Graphene Ltd Faces Financial Downturn in 2024

First Graphene Ltd (AU:FGR) has released an update.

First Graphene Ltd reported a decrease in revenue for the fiscal year ending June 30, 2024, with a 33% drop compared to the previous year and an increased net loss of 7%. The company recorded no dividends and reported a lower net tangible assets per share value from 1.18 to 0.91 cents. No changes in control over entities were noted for the year.

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