Health and Plant Protein Reports Major Revenue Drop

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

Health and Plant Protein Group Limited reported a significant decrease in total revenue, with a drop of 100% from the previous year, and a substantial reduction in net loss after tax by 95.2% for the fiscal year ended June 30, 2024. The company did not pay or declare any dividends for the year, and it implemented a capital management initiative that included a buy-back of shares, resulting in the cancellation of approximately 9.35 million shares for a total consideration of $392,534.

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