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Kinatico Limited Announces Strong Financial Turnaround
Company Announcements

Kinatico Limited Announces Strong Financial Turnaround

CV Check Ltd (AU:KYP) has released an update.

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Kinatico Limited reports a robust financial performance, showcasing a 6% revenue increase to $14.3 million and a significant profit of $357,254 for the half-year ended December 2023, bouncing back from a previous loss of $978,864. The full-year results further underline the company’s positive trajectory with a 230% surge in profits, reaching $780,723, and a slight improvement in net tangible assets per share from 1.6 cents to 1.7 cents. Notably, Kinatico also completed a share buyback program, canceling over 15 million shares.

For further insights into AU:KYP stock, check out TipRanks’ Stock Analysis page.

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