Bremworth revenue rises 8%, loss increases dramatically

Bremworth (NZX:BRW) reported an 8% increase in revenue from continuing operations, reaching $42.129 million for the six months ending December 31, 2024. However, the company's net loss from continuing operations significantly widened to $(8.147) million, representing a (385.8%) change compared to the same period last year. The company will not be paying dividends. Net tangible assets per quoted equity security decreased to $0.525 from $0.572 in the prior comparable period. Further details can be found in the accompanying 1H25 half-year report and results presentation. The announcement was authorised by Company Secretary, Victor Tan.