on Nepra Foods (CVE:NPRA)
Nepra Foods Reports Significant Financial Improvement Amid Structural Changes
Nepra Foods, based in Vancouver, BC, has issued a letter from its CEO, Billy Hogan, highlighting the company's achievements and plans. The firm concluded the fiscal year 2025 with a 50.3% rise in revenue and a 302% reduction in net loss. Cost-cutting measures resulted in a 12.3% decrease in expenses and a 29.9% drop in lease liabilities. These efforts are part of a strategy to ensure profitability.
The company is restructuring its board to include key members that enhance the business's various divisions. Nepra is expanding revenue channels to complement its R&D projects, aiming for high returns with minimized risk. Hogan expresses optimism for a profitable future and encourages stakeholders to view the latest investor deck on their website.
R. H.
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