Protean Energy Reports Revenue Growth, Net Loss Improvement

Protean Energy Limited (AU:POW) has released an update.

Protean Energy Limited reported a 42% increase in revenue from continuing operations for the fiscal year ending June 30, 2024, while also noting a slight 5% improvement in the net loss after tax compared to the previous year. Despite the revenue growth, no dividends have been declared or paid, and the net tangible assets per share have significantly decreased.

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