Magontec Limited Releases Mid-Year Financials

Magontec Limited (AU:MGL) has released an update.

Magontec Limited, a publicly traded company on the Australian Securities Exchange, has released its consolidated financial statements for the first half of 2024. The report details the structure of the company, including its various global subsidiaries and a major shareholder, Qinghai Salt Lake Magnesium Co. Limited, which holds a 28.5% stake. Minor rounding errors in the report are attributed to currency conversion and rounding to the nearest thousand dollars.

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