9th Jun 2023 12:09
Woodbois Ltd - Africa-focused forestry, timber and afforestation company - Posts revenue of USD23.1 million for 2022, up 32% from USD17.5 million in 2021. Says increased levels of production at both factories in Gabon have resulted in a revenue increase of 32% to USD23.1 million and a 69% rise in gross profit to USD5.9 million. Swings to a pretax loss of USD158,867 from a profit of USD90,702 a year earlier. Looking ahead, expects revenue in the first half of 2023 to be lower than had previously been expected after a difficult first quarter in 2023. Read More
