Synertec Reports Higher Revenue But Increased Loss

Synertec Corporation Limited (AU:SOP) has released an update.

Synertec Corporation Limited reported an increase in revenues by 26% to $19.67 million for the fiscal year ending June 30, 2024, but also experienced a 24% deeper loss, amounting to $7.26 million compared to the previous year. No dividends were paid, and the net tangible assets per share decreased slightly from 0.03 cents to 0.02 cents.

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