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Ecs Botanics Holdings Reports Significant Financial Downturn

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Ecs Botanics Holdings Reports Significant Financial Downturn

Ecs Botanics Holdings Ltd ( (AU:ECS) ) just unveiled an update.

Ecs Botanics Holdings Ltd reported a significant decline in its financial performance for the half-year ending December 31, 2024. The company experienced a 16% decrease in revenue from ordinary activities, dropping to $9.76 million compared to the previous year. Additionally, the company reported a net loss of $1.98 million, a stark contrast to the $1.25 million profit recorded in the same period last year. This downturn in financial results is reflected in the company’s earnings per share, which fell from a positive $0.11 to a negative $0.15.

More about Ecs Botanics Holdings Ltd

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €10.92M

See more insights into ECS stock on TipRanks’ Stock Analysis page.

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