Aroa posts $1.5m half year loss but forecasts up to $6m annual profit

Aroa develops, manufactures and distributes medical and surgical products. (Image: Supplied)

Tue, 26 Nov 2024

Soft tissue regeneration company Aroa Biosurgery has posted a $1.5 million loss for the six months to September but is forecasting annual profit of between $2m and $6m.Founded in 2008, Aroa Biosurgery is headquartered in Auckland and is listed on the Australian Securities Exchange (ASX) with a share price of A65c (NZ72c).The company, which was formerly called Mesynthes, develops, manufactures and distributes medical and surgical products to improve healing in complex wounds and soft tissue reconstruction.ImprovementIts loss for the half year to...

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