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CK Life Sciences to post $126.6m loss in 2024

It was due to increased research and development investments.

CK Life Sciences International expects to report a loss attributable to shareholders of $126.6m for financial year 2024, compared to a profit of $17.3m for 2023.

The company said this was due to increased research and development investments and a decline in the fair value of the vineyard portfolio.

Overall, the group said operations remained stable throughout the year. Further details will be disclosed on 18 March 2025.
 

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