Oakridge Internatinal Ltd (AU:OAK) has released an update.
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Oakridge International Limited reported a 6.7% decrease in revenue and a substantial increase in losses, up 555% from the previous year, for the fiscal year ending 30 June 2024. The losses are primarily due to higher expenses in business and product development. No dividends were declared or paid, and the company’s net tangible assets per share also decreased from 5.67 cents to 2.86 cents.
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