McPherson’s Limited Faces Widening Losses

Mcpherson’S Limited (AU:MCP) has released an update.

McPherson’s Limited reported a decline in sales revenue by 6.8% to $144,625 for the full year ended June 30, 2024, with losses widening significantly before and after tax, including material items and discontinued operations. The results also reflected a downturn in losses per share, with a drop in net tangible assets per ordinary security from 21 cents in the previous year to 24 cents. Despite the challenging financial results, the company paid out a 2.0 cent interim dividend in March 2024, maintaining the dividend payout from the previous interim period.

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