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Avcorp Announces 2021 Annual Financial Results – InsuranceNewsNet

-Avcorp Industries Inc. today announced its financial results for the year ended December 31, 2021. The net loss improved by $6,194,000 in comparison to 2020, mainly supported by the Accommodation Agreement settlement of $21,391,000 and the decrease in net financing charge of $4,514,000; offset by the impairment of assets in the Gardena facility, higher...
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