Electro Optic Systems’ Revenue Soars Amidst Losses

Electro Optic Systems Holdings Limited (AU:EOS) has released an update.

Electro Optic Systems Holdings Limited reports a significant revenue increase of 92% to $142.6 million for the half-year ended June 30, 2024, compared to the same period last year. Despite the revenue growth, the company experienced a net loss of $3.002 million, with no dividends being declared or paid to shareholders. The Net Tangible Assets per share decreased to 95.0 cents from 101.9 cents the previous year.

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