Burger Fuel reports increased half-year profits

Burger Fuel Group Ltd has reported its unaudited half-year results for the six months ending September 30, 2023.

The company's net profit after tax increased by 5.2% to $581,136 compared to the same period last year.

Group operating revenue, excluding IFRS 16 and government support income, increased by 16.8% to $12.6 million compared to the previous year.

The company has no debt and had cash reserves of $8.9 million as of September 30, 2023.