Schrole Group Ltd. (AU:SCL) has released an update.
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Schrole Group Ltd has reported a 15% increase in revenue for the first half of 2024, reaching $3,425,134, compared to the same period in 2023. However, the company has also seen a significant reduction in losses by 89%, with a current post-tax loss of $136,235. Despite the improved revenue, the company has announced no dividends or distributions, and the net tangible asset backing per share has decreased to (4.7) cents.
For further insights into AU:SCL stock, check out TipRanks’ Stock Analysis page.