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Papyrus Australia Ltd Reports Increased Losses and No Dividends for 2024

Story Highlights
  • Papyrus Australia Ltd’s loss increased by 344% for the half-year ending December 2024.
  • No dividends were declared, and net tangible assets per security decreased for Papyrus Australia Ltd.
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Papyrus Australia Ltd Reports Increased Losses and No Dividends for 2024

Papyrus Australia Ltd ( (AU:PPY) ) just unveiled an announcement.

Papyrus Australia Ltd reported a significant increase in its loss for the half-year ending December 31, 2024, with a 344% rise compared to the previous year. The company did not declare any dividends for the period, and its net tangible assets per security decreased from 0.005 to 0.003 cents, indicating a challenging financial period for the company.

More about Papyrus Australia Ltd

YTD Price Performance: 10.0%

Average Trading Volume: 215,112

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$6.22M

See more data about PPY stock on TipRanks’ Stock Analysis page.

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