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DGL shares slide on interim loss

Sales improve but rising costs and lower demand from key customers segments affect HY result.

DGL will focus on cost reduction and site consolidation.

Key points
  • Profit: statutory npat down 137% to a loss of A$2.2m
  • Revenue: up 10% to A$239m
  • Main takeaway: Company was hit by disruptions in the mining industry and still experiencing growth pains after recent acquisitions.

Trans-Tasman chemicals and logistics company DGL has slumped to an interim loss, with the company attributing the result to shutdowns and disruptions in the mining industry.

ASX-listed DGL today announced a statutory net loss of A$2.2 million ($2.4m) for the six months to the end of December, a fall

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Lachlan Colquhoun Fri, 28 Feb 2025
Contact the Writer: lachlan@nbr.co.nz
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Key points
  • Profit: statutory npat down 137% to a loss of A$2.2m
  • Revenue: up 10% to A$239m
  • Main takeaway: Company was hit by disruptions in the mining industry and still experiencing growth pains after recent acquisitions.
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DGL shares slide on interim loss
Investment,
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