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Frontier Energy Faces Significant Financial Losses in 2024

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Frontier Energy Faces Significant Financial Losses in 2024

An update from Frontier Energy Limited ( (AU:FHE) ) is now available.

Frontier Energy Limited reported a significant financial downturn for the year ending December 31, 2024, with a 983% increase in losses attributable to its owners, totaling $18,128,707. The company did not declare any dividends for the current or previous financial year, and its net tangible assets per ordinary share decreased from 18.7 cents to 15.8 cents, indicating a challenging financial position that may impact its market standing and stakeholder confidence.

More about Frontier Energy Limited

Frontier Energy Limited operates in the energy sector, focusing on the development and management of energy resources. The company is engaged in activities related to energy production and distribution, aiming to cater to the growing demand for sustainable energy solutions.

Average Trading Volume: 349,072

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$61.81M

Find detailed analytics on FHE stock on TipRanks’ Stock Analysis page.

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