Quantum Graphite Navigates Tough Fiscal Year

Quantum Graphite Ltd (AU:QGL) has released an update.

Quantum Graphite Ltd has reported a 10% decrease in total revenue and other income for the fiscal year ending June 30, 2024, with a 15% improvement in its net loss after tax, indicating some financial recovery despite a challenging year. The company’s net tangible assets per share also dropped from 5.23 cents to 4.03 cents, and they have not proposed or paid any dividends during the period.

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