Health and Plant Protein Group’s Quarterly Financials

Health and Plant Protein Group Limited (AU:HPP) has released an update.

In its quarterly update, Health and Plant Protein Group Limited reported a closing cash balance of $1.3 million, down from $1.9 million, after a quarter that included $300,000 spent on an off-market share buy-back. The company is also in the process of recovering funds held by the US IRS from the sale of its macadamia division. Operational costs have resulted in a net cash outflow from operating activities totaling $1,291,000 for the year to date.

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