Advance ZincTek Faces Steep Financial Decline
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Advance ZincTek Faces Steep Financial Decline

Advance ZincTek Limited (AU:ANO) has released an update.

Advance ZincTek Limited reported a significant downturn in financial performance for fiscal year 2024, with a 32.19% drop in revenue and a substantial increase in losses, both before and after tax, as detailed in their latest annual report. No dividends were paid to shareholders during the financial year. The report included key financial indicators such as a decrease in earnings per share and net tangible asset backing, reflecting a challenging year for the company.

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

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