Hygrovest Limited (AU:HGV) has released an update.
Hygrovest Limited reported a significant reduction in losses to $0.1m for the financial year ended 30 June 2024, down from a $4m loss the previous year, largely due to gains from investment revaluations, despite a write-off from insolvent Medio Labs. The company’s operating overheads decreased to $1.1m, and net tangible assets per share saw a slight decrease from 9.18 cents to 9.1 cents. No dividends were paid or declared during the period, and the company’s annual report, including audited financial statements, is attached.
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