Bio-Gene Reports Revenue Drop and Lower Losses
Company Announcements

Bio-Gene Reports Revenue Drop and Lower Losses

Bio-Gene Technology Ltd. (AU:BGT) has released an update.

Bio-Gene Technology Limited has released its 2024 Annual Report, revealing a significant decrease in revenue from the previous year by 87.7% but also a 22.2% reduction in losses after tax. Despite the challenging financial results, the company’s focus remains on developing bio-insecticides to tackle insecticide resistance, and no dividends have been declared. The full report, including a detailed review of operations and the audited financial statements, is available on the company’s website.

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

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