TasFoods Limited ( (AU:TFL) ) has issued an announcement.
TasFoods Limited reported a significant decline in revenue and profit for the year ended December 31, 2024. The company’s revenue from ordinary activities decreased by 3.43% to $46.834 million, while the net loss attributable to members from both continuing and discontinuing operations was $10.454 million, marking a 959.2% decline. No dividends were declared for the year, reflecting the challenging financial performance. This downturn could impact the company’s market positioning and stakeholder confidence.
More about TasFoods Limited
TasFoods Limited operates in the food industry, focusing on the production and distribution of food products in Australia. The company is involved in various segments of the food market, providing a range of products to its customers.
YTD Price Performance: -50.0%
Average Trading Volume: 667,847
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$3.93M
For an in-depth examination of TFL stock, go to TipRanks’ Stock Analysis page.