Nanollose Limited Faces Revenue Decline and Reduced Losses

Nanollose Ltd. (AU:NC6) has released an update.

Nanollose Limited reports a significant decrease in revenues by 67.2% and a 14.1% reduction in losses after tax for the fiscal year ended June 30, 2024, compared to the previous year. The company’s net tangible assets also dropped sharply from a positive 451,632 cents to a deficit of 223,692 cents per share. No dividends were declared during the year as the company navigates through its financial challenges.

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