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My Food Bag’s mission to stabilise demand

Board ditches interim dividend as half-year revenue and profit slump.

My Food Bag chief executive Mark Winter.

Key points
  • Revenue: Down 11% to $83.8m.
  • Profit: Down 58% to $2.5m.
  • Main takeaway: Demand appears to be stabilising in the face of continued economic challenges and cost pressures.

My Food Bag is showing signs its revamped strategy is stabilising its customer base following a sustained decline over recent years as the economic environment deteriorated.

And chief executive Mark Winter is confident the listed food delivery company can further recover active customer numbers in

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Key points
  • Revenue: Down 11% to $83.8m.
  • Profit: Down 58% to $2.5m.
  • Main takeaway: Demand appears to be stabilising in the face of continued economic challenges and cost pressures.
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My Food Bag’s mission to stabilise demand
Investment,
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