VIP Gloves Ltd. (AU:VIP) has released an update.
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VIP Gloves Limited reported a quarterly cash outflow of $515,000 from operating activities but saw a positive cash inflow of $1,847,000 from investing activities, mainly due to the disposal of property, plant, and equipment. The company experienced a cash outflow from financing activities amounting to $979,000, yet managed to close the quarter with a net increase in cash and cash equivalents by $115,000.
For further insights into AU:VIP stock, check out TipRanks’ Stock Analysis page.