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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
3 mins to read

My Food Bag to delist from ASX; jobs cut in cost-saving drive

No final dividend with net profit after tax down 60% on subdued demand.

My Food Bag will delist from the ASX as part of a cost-saving drive which has led to job losses after net profit after tax fell more than 60% in the year ended March 31, and it will not pay a final dividend.

The listed food delivery company said today revenue was down 9% to $175.7m, while earning

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Hamish McNicol Fri, 19 May 2023
Contact the Writer: Hmcnicol@nbr.co.nz
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My Food Bag to delist from ASX; jobs cut in cost-saving drive
Investment,
99127
true