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My Foodie Box Limited Reports Drastic Loss Reduction

My Foodie Box Limited Reports Drastic Loss Reduction

My Foodie Box Limited (AU:MBX) has released an update.

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My Foodie Box Limited has reported a substantial reduction in net loss for the half-year ending December 2023, decreasing by 91% from the previous year. The company completed the acquisition of its business from MFB (WA) Pty Ltd, and no dividends have been declared for this period. Investors may find the improved financial performance noteworthy, despite the absence of dividends.

For further insights into AU:MBX stock, check out TipRanks’ Stock Analysis page.

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