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The latest announcement is out from Health and Plant Protein Group Limited ( (AU:HPP) ).
Health and Plant Protein Group Limited reported a decrease in net loss after tax from $801,000 to $528,000 for the year ending June 30, 2025, marking a 34.1% improvement. This financial result follows the company’s strategic sale of its US-based holding company, HPP America, Inc., for $26 million, which aided in improving its financial position. Despite these changes, no dividends were declared, and earnings per share slightly improved from -0.66 to -0.47 cents. The company’s net tangible asset backing per share decreased marginally from 5.4 to 5.0 cents.
More about Health and Plant Protein Group Limited
Health and Plant Protein Group Limited operates in the health and plant-based protein industry, focusing on providing plant-based protein products. The company is involved in the production and distribution of these products, catering to the growing market demand for sustainable and health-conscious food options.
Technical Sentiment Signal: Sell
Current Market Cap: A$5.16M
See more insights into HPP stock on TipRanks’ Stock Analysis page.