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WA Kaolin Ltd. ( (AU:WAK) ) has provided an announcement.
WA Kaolin Ltd. reported a 26.9% increase in revenues from continuing activities for the half-year ended December 31, 2024, reaching $1,517,216. Despite this revenue growth, the company recorded a comprehensive loss of $3,497,070, which is a 37% reduction compared to the previous period, indicating an improvement in financial performance. The company’s net asset backing per ordinary share improved to $0.01 from a negative $0.02, reflecting a positive shift in its financial position.
More about WA Kaolin Ltd.
WA Kaolin Ltd. operates in the mining industry, focusing on the extraction and processing of kaolin, a versatile mineral used in various industrial applications.
YTD Price Performance: -18.00%
Average Trading Volume: 239,348
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$32.81M
See more data about WAK stock on TipRanks’ Stock Analysis page.