DGL shares plummet on flat earnings, forecast profit drop
Shares in chemicals group down more than 40% on half-year result
‘The company has an intensified focus on cost management and maximising efficiencies.’
Shares in New Zealand-founded, ASX-listed chemicals group DGL have fallen more than 40% after the company warned its full-year net profit would be lower than last year.
The company today reported revenue for the six months ended December 31, 2023 of A$217 million, down slightly on the previous
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