Farm Pride Foods Limited (AU:FRM) has released an update.
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Farm Pride Foods Ltd reports a significant increase in revenues, up 22.95% to $101.85 million for FY 2024, while also reducing its net loss by 74.26% to $2.35 million compared to the previous year. Despite the progress, the company did not declare any dividends and ended the year with a lower net tangible asset backing per security of 1.96 cents. The financial report, audited and complete, includes an emphasis of matter relating to going concern.
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