Park Lawn (TSE:PLC) has released an update.
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Park Lawn Corporation reported a revenue increase in both the fourth quarter by 2.3% to $88M and annually by 6.6% to $347.6M for the year 2023, despite facing a net loss due to the strategic sale of certain legacy businesses. The company has appointed a new director and is looking ahead to 2024 with a focus on operational efficiency and cost management to enhance profitability. This transition is aimed at optimizing the company’s platform for future growth.
For further insights into TSE:PLC stock, check out TipRanks’ Stock Analysis page.
