Paladin Limited (HK:0495) has released an update.
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Paladin Limited has released its audited consolidated financial results for the year ended 30 June 2024, revealing a substantial increase in losses from the previous year. Revenue grew to HK$22,733,000 from HK$18,386,000, yet the company faced a significant gross profit drop and higher administrative costs, culminating in a loss of HK$133,409,000 for the year. The loss per share also steeply rose, from HK$2.66 basic in 2023 to HK$9.29 in 2024.
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