Avarga Limited (SG:U09) has released an update.
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Taiga Building Products Ltd. has reported a decrease in sales and earnings for both the second quarter and first half of 2024, citing lower volume sales of commodity products and fluctuating commodity prices as the primary reasons for the downturn. The company’s gross margin and EBITDA also saw a decline compared to the same periods last year, reflecting challenges in maintaining profitability amidst a changing market environment.
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