Candy Club Holdings Reports Major Losses

Candy Club Holdings Ltd. (AU:CLB) has released an update.

Candy Club Holdings Ltd. reported a significant downturn with a 106.8% loss after tax, amounting to $66,811 for the period ending 30 June 2024, compared to a profit in the previous year. This period’s performance starkly contrasts the previous year’s profit, which included a substantial gain from debt forgiveness. The company also did not pay or declare any dividends during this period and has realigned its financial year to coincide with a company it intends to acquire.

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