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Astron Connect Reports Improved Q2 Losses

Astron Connect Reports Improved Q2 Losses

Astron Connect, Inc. (TSE:AST) has released an update.

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Astron Connect Inc. reported no revenue for Q2 2024 due to the closure of their main supplier, with a net loss decreasing by 57% to $53,959 compared to the previous year. Operating expenses also dropped by 38%, totaling $77,518, while the company’s working capital deficiency improved slightly to $181,870. Astron Connect continues to focus on assisting Canadian food and beverage companies in reaching emerging markets, particularly with their bottled water brands in China.

For further insights into TSE:AST stock, check out TipRanks’ Stock Analysis page.

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