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Big River Industries Reports Significant Losses Amid Revenue Decline

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Big River Industries Reports Significant Losses Amid Revenue Decline

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Big River Industries Ltd. ( (AU:BRI) ) has provided an announcement.

Big River Industries Limited announced a significant downturn in financial performance for the half-year ending December 2024, reporting a 3.3% decrease in revenue and a substantial loss of $16.997 million compared to a profit in the previous year. This financial decline has resulted in a basic loss per share of 19.91 cents, a stark contrast to the earnings per share of 8.54 cents in the prior period. The company declared a fully franked interim dividend of 2 cents per share, to be paid in April 2025, amidst these challenging financial results.

More about Big River Industries Ltd.

Big River Industries Limited operates within the manufacturing sector, focusing on providing a range of building materials and timber products. The company is known for its comprehensive market approach, catering to both domestic and commercial construction needs.

YTD Price Performance: -0.77%

Average Trading Volume: 122,903

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$110.1M

See more data about BRI stock on TipRanks’ Stock Analysis page.

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