Papyrus Australia Ltd (AU:PPY) has released an update.
Papyrus Australia Ltd has reported a net increase in cash and cash equivalents of $465,000 for the current quarter, totaling $424,000 over the past 12 months. The company’s cash flow activities indicate outgoing funds predominantly for staff and administrative costs, with additional investments in property, plant, and equipment. Financing activities, including proceeds from borrowings, have contributed positively to the company’s financial position.
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