Abundante Limited reported a period of significantly improved financial performance, showing strong growth in both revenue and gross profit, primarily due to better project mix and pricing. The rise in profit for the period occurred despite decreases in other income and finance income. However, the Group acknowledges that its primary concrete pumping business continues to face challenging price erosion from competitors. To navigate this environment, the Group intends to continue upgrading its equipment fleet to improve operational efficiency and productivity.
• Unpack the reasons for the substantial improvement in profit attributable to owners for the six-month period
• Examine the competitive conditions leading to challenging price erosion within the crucial concrete pumping services segment
• Find out why the company has not declared a dividend for the period while pursuing plans to re-fleet operational equipment
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
CrimeLess: Hillbilly Heist
It’s 1996 in rural North Carolina, and an oddball crew makes history when they pull off America’s third largest cash heist. But it’s all downhill from there. Join host Johnny Knoxville as he unspools a wild and woolly tale about a group of regular ‘ol folks who risked it all for a chance at a better life. CrimeLess: Hillbilly Heist answers the question: what would you do with 17.3 million dollars? The answer includes diamond rings, mansions, velvet Elvis paintings, plus a run for the border, murder-for-hire-plots, and FBI busts.