Patrys Limited Cuts Annual Losses by Half
Company Announcements

Patrys Limited Cuts Annual Losses by Half

Patrys Limited (AU:PAB) has released an update.

Patrys Limited reported a 49.9% decrease in annual loss after tax to $3,539,150 for the year ended June 30, 2024, compared to the previous year. The company’s R&D tax incentive and interest income contributed to its other income of $1,394,163. Despite this, no dividends were paid or proposed, and the company’s net tangible assets per security dropped to 0.15 cents.

For further insights into AU:PAB stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskPatrys Limited Reports Delay in Cancer Drug Testing
TipRanks Australian Auto-Generated NewsdeskPatrys Limited Upholds Corporate Governance Standards
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App