Soco Corporation Ltd ( (AU:SOC) ) just unveiled an announcement.
SOCO Corporation Ltd reported a significant improvement in financial performance for the half-year ending December 31, 2024, with revenues increasing by 17.8% to $11,034,947 and a reduction in net loss after tax by 82.8% to $150,885. The company has enhanced its sales and marketing capabilities to expand its client base, which is expected to yield future returns, and maintains a strong net cash position with available funds from an amortising debt facility.
More about Soco Corporation Ltd
YTD Price Performance: -38.18%
Average Trading Volume: 152,513
Technical Sentiment Consensus Rating: Buy
See more data about SOC stock on TipRanks’ Stock Analysis page.