Frontier Energy Limited Reports Increased Losses

Frontier Energy Limited (AU:FHE) has released an update.

Frontier Energy Limited reported a significant downturn in its financial performance for the half-year ended June 30, 2024, with a pre-tax loss of $2,172,038 and a net loss after tax of $2,166,007. The company also highlighted that no dividends were paid, recommended, or declared during the period, and the net tangible assets per share increased to 14.57 cents from 6.73 cents in the previous period. The half-year financial report has been reviewed by Ernst & Young and is available for further details.

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