Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Hazer Group Ltd. ( (AU:HZR) ) has issued an update.
Hazer Group Limited reported a 46% increase in revenues from ordinary activities, reaching $2,319,772 for the half-year ending December 31, 2024. The company’s loss from ordinary activities after tax decreased by 49% to $6,191,528 compared to the previous year. Despite the financial improvements, no dividends were declared during this period. This financial performance highlights Hazer Group’s ongoing journey towards reducing operational losses and strengthening its position within the clean energy sector.
More about Hazer Group Ltd.
Hazer Group Limited operates in the clean energy industry, focusing on innovative hydrogen production technology. Its primary service includes the commercial development of the Hazer Process, a low-emission hydrogen and graphite production method, catering to markets interested in sustainable energy solutions.
YTD Price Performance: -6.58%
Average Trading Volume: 123,167
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$81.74M
For detailed information about HZR stock, go to TipRanks’ Stock Analysis page.