Phoslock Environmental Technologies Limited (AU:PET) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Phoslock Environmental Technologies Limited reported a 12.2% increase in revenues, amounting to $3,392,000 for the year ended 31 December 2023. Despite higher revenues, the company experienced a significant reduction in losses, with an 81.7% decrease in loss after tax, resulting in a $2,056,000 deficit. The firm did not pay, recommend, or declare any dividends during the financial period.
For further insights into AU:PET stock, check out TipRanks’ Stock Analysis page.