Hudson Investment Group Limited (AU:HGL) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Hudson Investment Group Limited has announced its quarterly financial results, highlighting its exploration of additional residential development options for its Bowen Hills properties to maximize value. The company, which focuses on property development across industrial, commercial, and residential sectors, reported payments of $81,000 to related parties during the quarter. Their cash flow activities reflect a net operating cash use of $171,000, with a modest capital expenditure on property, plant, and equipment.
For further insights into AU:HGL stock, check out TipRanks’ Stock Analysis page.