M8 Sustainable Ltd Reports Strong Profit Turnaround

M8 Sustainable Ltd. (AU:M8S) has released an update.

M8 Sustainable Ltd reported a significant turnaround for the half-year ending December 2023, achieving a profit of $2.69 million compared to a loss of $1.41 million in the previous period. Despite a 71% drop in revenue from ordinary activities, the company’s financial performance shows a promising improvement. However, no dividends were declared for shareholders during this period.

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