Clinuvel Pharmaceuticals Posted Strong FY19 Results; Revenue up 22%

1 min read | August 28, 2019 03:25 AM BST | By Team Kalkine Media

Biopharmaceutical company, Clinuvel Pharmaceuticals limited (ASX:CUV) has posted FY19 financial results wherein it reported revenue at $31.048 million, up by 22% y-o-y and net profit before tax at $18.115 million, grew 40% y-o-y. Cash balance as on 30 June 2019 stood at $54.269 million. The company announced dividend of $0.025 per ordinary share payable on 19 September 2019.

On AEST 12.12 PM 28 August 2019 the stock of CUV is trading at $26.120, up 0.616% from its previous close.


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