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Kalina Power Reports Reduced Losses and Improved Asset Backing

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Kalina Power Reports Reduced Losses and Improved Asset Backing

The latest announcement is out from Kalina Power Limited ( (AU:KPO) ).

Kalina Power Limited reported a net loss of $2,188,772 for the half-year ending December 31, 2024, reflecting a decrease of less than 9% compared to the previous period. Despite the financial loss, the company’s net tangible asset backing improved from (0.15) cents to (0.09) cents per ordinary security, indicating a slight enhancement in asset valuation.

More about Kalina Power Limited

Kalina Power Limited operates in the energy sector, focusing on developing and commercializing power generation technologies. The company is known for its innovative solutions in the renewable energy market.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €14.77M

For an in-depth examination of KPO stock, go to TipRanks’ Stock Analysis page.

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