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Big River Industries Ltd. ( (AU:BRI) ) just unveiled an update.
Big River Industries Limited announced its results for the first half of the fiscal year 2025, reporting a revenue of $211.5 million, a decrease of 3.3% compared to the previous corresponding period. Despite the revenue decline, the company saw improvements in gross profit margin due to enhanced pricing discipline and supplier consolidation. However, the company reported a non-cash impairment charge of $20 million related to intangible assets, impacting statutory earnings. The company continues to focus on operational efficiencies and future growth, with strategic investments in training, system integration, and synergies from recent acquisitions. The interim dividend was declared at 2.0 cents per share, reflecting the company’s commitment to shareholder returns.
More about Big River Industries Ltd.
Big River Industries Limited, listed on the ASX as BRI, operates in the construction and panel manufacturing industry, focusing on products such as bespoke panels and cladding. The company targets both residential and commercial markets, with a focus on differentiated market segments to drive revenue and profit growth.
YTD Price Performance: -0.77%
Average Trading Volume: 122,903
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$110.1M
For detailed information about BRI stock, go to TipRanks’ Stock Analysis page.
