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Benjamin Hornigold Ltd Reports Increased Losses Amid Revenue Decline

Story Highlights
  • Benjamin Hornigold Ltd reported a 197% decrease in revenue, resulting in a $464,805 loss.
  • The company’s investments and sales activities declined, with net tangible assets dropping to 26 cents.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Benjamin Hornigold Ltd Reports Increased Losses Amid Revenue Decline

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Benjamin Hornigold Ltd. ( (AU:BHD) ) has shared an update.

Benjamin Hornigold Ltd reported a significant downturn in its financial performance for the half-year ended December 31, 2024. The company experienced a 197% decrease in revenue from ordinary activities, resulting in a loss of $464,805 after tax, marking a 45% increase in losses compared to the previous year. The company’s investments and sales activities also saw a decline, contributing to the negative financial results. The net tangible assets per ordinary security decreased from 29 cents to 26 cents, and no dividends were declared for the period.

More about Benjamin Hornigold Ltd.

YTD Price Performance: -2.63%

Average Trading Volume: 19,383

Technical Sentiment Consensus Rating: Strong Buy

For detailed information about BHD stock, go to TipRanks’ Stock Analysis page.

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