Pure Foods Tasmania Reports Revenue Decline and Losses

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

Pure Foods Tasmania Ltd reported a 15% decrease in revenue to $7,442,902 for the financial year ended June 30th, 2024, alongside a loss of $3,944,338, attributable to the company’s strategic decision to discontinue certain labor-intensive products. The company emphasized tight capital management and cost reduction, highlighted by the sale of Lauds Plant Based Foods, with no dividends paid or declared during the period.

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