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