Pure Foods Tasmania Optimizes Amid Challenges

Pure Foods Tasmania Ltd. (AU:PFT) has released an update.

Pure Foods Tasmania Ltd reports improvements in labor and operating efficiencies during Q4 FY 24, despite challenges from input cost inflation and slower premium food and beverage sales due to current economic conditions. The company saw a significant improvement in cashflows from operations and is in discussions for potential divestments of underperforming assets. A notable reduction in a market rate loan resulted in $1.045 million cash on hand at the end of the quarter.

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