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Kadestone Capital Reports Marginal Rise in H1 2024 Losses
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Kadestone Capital Reports Marginal Rise in H1 2024 Losses

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Kadestone Capital Corp. (TSE:KDSX) has released an update.

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Kadestone Capital Corp., a vertically integrated property company, reported a slight increase in net loss to $1,703,048 in the first half of 2024 compared to the previous year, despite higher operating expenses and increased cash used in operating activities. The company’s losses were mainly due to operational costs, including consulting and professional fees, but were partially offset by income from associates and interest revenue.

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