tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

FAR Limited Reports Significant Half-Year Loss Due to RSSD Project Sale Adjustments

Story Highlights
FAR Limited Reports Significant Half-Year Loss Due to RSSD Project Sale Adjustments

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

FAR Ltd ( (AU:FAR) ) has shared an update.

FAR Limited reported a significant financial downturn for the half-year ending June 30, 2025, with a loss of US$1,818,472 compared to a profit of US$40,825,556 in the previous year. This loss was primarily due to adjustments related to the RSSD project sale following a claim by Woodside Energy amounting to US$6,029,899. The company did not declare any dividends during this period.

More about FAR Ltd

YTD Price Performance: -10.96%

Average Trading Volume: 55,474

Technical Sentiment Signal: Buy

Current Market Cap: A$36.04M

For detailed information about FAR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1