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<WIRE> TPC Consolidated (ASX:TPC) Announces FY Net Profit Attributable Increase of 223.2% To A$16.8 Million

TPC Consolidated (ASX:TPC) has revealed that its net profit attributable for the fiscal year rose by 223.2% to A$16.8 million.

The firm also reported an increase in revenue from ordinary activities by 11.7% to A$137.3 million.

TPC Consolidated unveiled a fully franked final dividend of 30 AU cents per share.

TPC Consolidated is a telecommunications company that operates mainly in Australia.


<WIRE> Brainchip Holdings (ASX:BRN) Reports HY Revenues From Continuing Operations of US$115,606

Brainchip Holdings (ASX:BRN) reported that revenues from its continuing operations were US$115,606 for the first half of the year.

This amount shows a decrease from the US$4.8 million in the same time period last year.

Additionally, the company reported a attributable loss of $17.1 million, an increase from the $8.3 million loss during the same period last year.

Brainchip Holdings is a company specialized in neuromorphic computing solutions.


<WIRE> Paladin Energy (ASX:PDN) Reports 60% Decline in FY Net Loss to US$10.6 Million

Paladin Energy, an Australia-based company (ASX:PDN), announced a significant decrease in its fiscal year net loss.

According to the company, the year-on-year net loss fell by 60% to reach US$10.6 million.

The decline showcases the company’s enhanced performance and fiscal discipline over the past year.

Paladin Energy is a global uranium production company with projects in Australia and Africa.





<WIRE> Beston Global Food (ASX:BFC) Hits Two-Week High Following Uplifting Annual Results and Funding

Beston Global Food (ASX:BFC) shares soared as much as 25% to hit A$0.010, recording its highest price since August 10.

The surge comes as the milk supplier reported an impressive 34% increase in dairy net sales from continuing operations for the financial year 2023 (FY23).

Furthermore, the company’s trading EBITDA significantly rose to A$4.1 million in FY23, marking a notable increase from the previous year.

The stock recorded its biggest single-day percentage gain since August 9.

Additionally, Beston Global Food stated it had received funding of up to A$70 million from specialized funding partners.

Despite today’s positive performance, the company’s stock has still fallen 66.2% this year as of last close.

Beston Global Food is a company dedicated to providing high-quality dairy products globally.


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<WIRE> Gold 50 (ASX:G50) Hits 9-1/2 Month-Low Due to Discounted Placement

Shares of Gold 50 (ASX:G50) plummeted by up to 13.3% to A$0.13 marking their lowest level since November 7, 2022.

This represents the stock’s most severe intraday percentage fall since July 11.

The precious metals explorer announced that it had secured firm commitments to raise A$1.35 million at an issue price of A$0.14 per share, equaling a 6.7% discount to the stock’s closing price on the last trading day.

The raised funds will be channeled towards completing the planning for subsequent ventures at the Golconda project located in Arizona, U.S.

To date, Gold 50 (ASX:G50) has slumped 40% this year, according to the last closing price.

Gold 50 is a precious metals explorer primarily involved in securing and developing mining prospects.


<WIRE> Sabre Resources (ASX:SBR) Achieves Over 10-Month High Following Lithium Discovery in Western Australia

Sabre Resources (ASX:SBR) shares escalated to an impressive 51.1%, hitting A$0.068, a peak not witnessed since October 14, 2022.

The surge followed the mining company’s successful identification of a key lithium reserve in Andover East region of Sherlock Bay situated in Western Australia.

The company announced that its tenement holding at the project has more than doubled.

Year-to-date, SBR has witnessed an increase of 18.4% from the previous closing.

Sabre Resources is a prominent mining company with key interest in the discovery and exploration of lithium reserves.



<WIRE> Thorn Group (ASX:TGA) Eyes Potential Highest Day in 10 Months Following Takeover Offer

In financial news, shares of Thorn Group (ASX:TGA) saw a substantial rise of as much as 13.1% to A$1.55, marking a potential best day since October 5, 2022 if the gains are maintained.

The company’s stock reached its highest level since October 18, 2022.

The diversified financial services company announced it has received a binding and conditional purchase proposal from Somers.

As per the proposal’s terms, Somers intends to buy all the shares in the company that it doesn’t possess yet, at a rate of A$1.62 per share.

The company mentioned that the proposal comes painted with an 18.2% premium to the last close of A$1.37.

So far this year, Thorn Group (ASX:TGA) is up by 20.2% as of the most recent closing.

Thorn Group is a diversifed financial services company specializing in financial lending, leasing, and rental services.


<WIRE> Wesfarmers (ASX:WES) Jumps Following Strong Annual Results

Shares of Wesfarmers (ASX:WES) saw a significant rise of as much as 3.3%, reaching A$51.07, marking its potential best day of trading since February 16.

The stock even attained its highest level since August 15.

The Australian retail titan reported a full-year net profit after tax of A$2.47 billion, versus the average analyst estimates of A$2.45 billion as stated by Visible Alpha.

Wesfarmers (ASX:WES) also reported an 18.2% increase in full-year revenue and declared a final dividend of A$1.03 per share.

The company’s shares are up 7.7% year-to-date, as of the last close.

Wesfarmers (ASX:WES) is an established Australian retail giant involved in various business operations including supermarkets, department stores, home improvement and office supplies.