Queste Communications Reports Steady Cash Position

Queste Communications Ltd (AU:QUE) has released an update.

Queste Communications Ltd has reported a net decrease in cash and cash equivalents for April 2024, with year-to-date figures indicating a substantial cash inflow from investing activities, primarily from the termination of an iron-ore royalty. Operating activities have led to a slight cash outflow, while financing activities have remained relatively stable with minor proceeds from borrowings. Overall, the company maintains a solid cash position with cash and cash equivalents closely mirroring the beginning balance for the year.

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