BPH Energy Limited ( (AU:BPH) ) has provided an announcement.
BPH Energy Limited reported a significant increase in revenues from ordinary activities, rising by 94.7% to $391,000 for the half-year ended 31 December 2024. Despite this revenue growth, the company did not declare or pay any dividends during the period. The net tangible asset backing per ordinary security also improved from 2.0 cents to 3.2 cents. However, there is a material uncertainty regarding the carrying value of the loan receivable from and investment in Advent Energy Limited, which could impact the company’s financial stability.
More about BPH Energy Limited
BPH Energy Limited operates in the energy sector, focusing on investments and ventures within the industry. The company is involved in energy-related projects and investments, with a market focus on developing and supporting energy initiatives.
Average Trading Volume: 849,563
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$10.96M
For a thorough assessment of BPH stock, go to TipRanks’ Stock Analysis page.