AFT Pharmaceuticals Ltd. (AU:AFP) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
AFT Pharmaceuticals reports a record-breaking financial year with a 25% increase in operating revenue reaching $195.4 million, driven by robust sales growth in Australasia and international markets. The company’s success is highlighted by a 46% surge in net profit after tax to $15.6 million and the reduction of net debt, alongside strategic expansions and new product launches, including Maxigesic IV in the US. With strong performance and ongoing investments, AFT looks forward to a confident future in the pharmaceutical industry.
For further insights into AU:AFP stock, check out TipRanks’ Stock Analysis page.