Inventis Limited (AU:IVT) has released an update.
Inventis Limited reports mixed financial results with a 12.5% year-over-year decline in company sales, albeit a strong performance in the Technology Division with a 16.8% increase. Cost-saving measures, including a major relocation and staff reductions, are underway, contributing to significant annual savings. The company has also made strides in debt reduction and is actively raising capital, while pursuing promising new opportunities in both the domestic and international markets.
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