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News and Announcements

SUDA Appendix 4C For First Quarter FY2017

  • Published November 01, 2016 9:57AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

31 October 2016, ASX Announcement

SUDA Ltd (ASX: SUD), a leader in oro-mucosal drug delivery, today released its Appendix 4C for the consolidated Group for the first quarter of FY2017. Receipts from customers for the period were $1.6 million, an increase of 25% from the first quarter of FY2016.

The Company reduced its net operating cash loss to $0.25 million in the first quarter compared to $0.61 million in the previous corresponding period of FY2016. Net cash used in investing activities was $0.29 million for the quarter. The cash position as at 30 September 2016 was $1.9 million.

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