Synertec Reports Higher Revenue But Increased Loss
Company Announcements

Synertec Reports Higher Revenue But Increased Loss

Synertec Corporation Limited (AU:SOP) has released an update.

Synertec Corporation Limited reported an increase in revenues by 26% to $19.67 million for the fiscal year ending June 30, 2024, but also experienced a 24% deeper loss, amounting to $7.26 million compared to the previous year. No dividends were paid, and the net tangible assets per share decreased slightly from 0.03 cents to 0.02 cents.

For further insights into AU:SOP stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!