Doman Building Materials Group (TSE:DBM) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Doman Building Materials Group Ltd. reported a decrease in Q2 2024 earnings with revenues of $689.8 million, a 2.9% drop from the previous year, attributed to a slowdown in the construction materials market. Despite the challenging conditions, the company declared a $0.14 per share dividend. Net earnings were down to $17.0 million compared to $29.2 million in the same quarter of last year.
For further insights into TSE:DBM stock, check out TipRanks’ Stock Analysis page.
