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Scalare Partners Reports Revenue Growth Amidst Profit Decline

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Scalare Partners Reports Revenue Growth Amidst Profit Decline

An announcement from Candy Club Holdings Ltd. ( (AU:SCP) ) is now available.

Scalare Partners Holdings Limited, formerly known as Candy Club Holdings Limited, reported a significant increase in revenues from ordinary activities, rising by 94% to $1,167,722 for the six months ending December 31, 2024. However, the company also experienced a substantial decline in profits, with a loss of $1,299,894 attributable to members, marking a decrease of 379% compared to the previous period. The earnings per security fell to a basic and diluted loss of 1.67 cents per share, and no dividends were declared or paid during this period.

More about Candy Club Holdings Ltd.

YTD Price Performance: -23.81%

Average Trading Volume: 32,435

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$14.78M

For a thorough assessment of SCP stock, go to TipRanks’ Stock Analysis page.

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