Australian Dairy Nutritionals Narrows Losses

Australian Dairy Nutritionals Group (AU:AHF) has released an update.

Australian Dairy Nutritionals Group reported a 7% increase in revenue to $6,263,000 for the year ended 30 June 2024, alongside a reduced loss after tax by 21%, marking a decrease in losses to $7,439,000 compared to the previous year. The net tangible asset backing per share also decreased from 5.4 cents to 4.1 cents. No dividends were declared and the annual report, which includes the full financial statements, has been audited.

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