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HPP Narrows Losses, Secures Final Sale Proceeds, Eyes Capital Return
10:03pm on Friday 29th of August, 2025 AEST
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Consumer Staples
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HPP Narrows Losses, Secures Final Sale Proceeds, Eyes Capital Return
10:03pm on Friday 29th of August, 2025 AEST
Key Points
Net loss narrowed to $528,000 in FY2025 from $801,000 in prior year
No operating revenue post-sale of US subsidiary HPP America, Inc. in April 2023
Final US tax refund of US$3.37 million received in May 2025, boosting cash reserves to $5.77 million
Board confirms intention to return surplus capital via buy-back or capital return
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