Kalina Power Reports Decreased Annual Loss

Kalina Power Limited (AU:KPO) has released an update.

Kalina Power Limited reports a net loss for the fiscal year ended June 30, 2024, which decreased by 14.7% to AUD$3,972,369 compared to the previous year. The company experienced no revenue growth and is not proposing a dividend. Furthermore, net tangible asset backing per security slightly improved, though the financial reports are under audit with a going concern uncertainty.

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