Clover Corporation Faces Sharp Revenue Decline

Clover Corporation Limited (AU:CLV) has released an update.

Clover Corporation Limited has reported a significant downturn in its financial results for the year ended 31 July 2024, with total revenue plunging by 22.1% to $62.2 million and net profit after tax plummeting to $1.5 million from the previous year’s $6.2 million. The company also announced a final dividend of 0.75 cents per share, despite the downturn in profits.

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