middle.news

HPP Narrows Losses, Secures Final Sale Proceeds, Eyes Capital Return

10:03pm on Friday 29th of August, 2025 AEST Consumer Staples
Read Story

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
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about HPP
OPEN ARTICLE