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An update from Sprintex Limited ( (AU:SIX) ) is now available.
Sprintex Limited reported a significant increase in revenue by 47% to $1,033,706 for the six-month period ending December 31, 2024, compared to the previous year. However, the company also experienced a substantial increase in losses, with a net loss of $3,594,738, marking an 84% increase from the previous period. No dividends were declared or paid, and the net tangible assets per share decreased by 161% to -0.81 cents. The financial report also highlighted a restatement of the previous year’s figures due to overstated revenue and expenses by the Chinese subsidiary, impacting the comprehensive income for the half-year ended December 31, 2023.
More about Sprintex Limited
YTD Price Performance: -6.67%
Average Trading Volume: 231,864
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$31.56M
Learn more about SIX stock on TipRanks’ Stock Analysis page.
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