News Formal

York Timber warns of 'unaffordable' log prices as profits fall almost a third | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 80%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Forest owner and wood processer York Timber said on Thursday profits fell almost a third in its half-year to end-December, hit by some higher costs, including from load shedding and from its externally sourced logs. | News24_Business

In December, the company had concluded a R250 million rights issue, and its net debt fell by R96 million to R395 million.

"Log price increases from , in a trading environment where lumber industry prices continue to decline, places its customers' sustainability at risk," it said.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 4. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

ESKOM LIVE | Stage 4 load shedding returns on Thursday | BusinessAll the latest news and analysis on load shedding, power and the national grid. 🤣🤣🤣🙄 Mxm eskom Ag shame
Sumber: News24 - 🏆 4. / 80 Baca lebih lajut »