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Woodbois Limited Ord 1P (WBI)

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11-Jul-2022 12:03 PM

IN BRIEF: Woodbois posts half-year revenue rise as production grows

Woodbois Ltd - London-headquartered African-focused timber producer - Posts higher revenue as volumes of sawmill and veneer production grows. Revenue in the first half of 2022 jumps 38% to $11.3 million from $8.2 million a year ago. Gross profi
14-Jun-2022 05:35 PM

IN BRIEF: Woodbois converts $50,000 in bonds into shares

Woodbois Ltd - London-headquartered African-focused timber producer - Converts $50,000 in convertible bonds due 2023 into 1.0 million shares, at an exchange rate of 4.0 pence per share. The company now has $1.0 million in bonds outstand
16-May-2022 03:30 PM

IN BRIEF: Woodbois partners with Gabon's World Forest ID

Woodbois Ltd - London-headquartered African-focused timber producer - Says it is entering into a new partnership with World Forest ID. World Forest ID are specialists in origin tracing and species identification. The partnership will enhance the tracea
01-Apr-2022 11:14 AM

IN BRIEF: Woodbois swings to 2021 profit despite shipping disruption

Woodbois Ltd - Guernsey-based timber producer - Swings sharply to a pretax profit of $90.7 million in 2021 from a loss of $4.2 million in 2020. The improvement was attributed to the firm securing 71,000 hectares of additional high quality, virg
07-Apr-2021 10:07 AM

Woodbois forecasts annual loss as revenue falls 22%

African-focused forestry and timber trading company Woodbois forecast a full-year adjusted loss amid a 22% slump in revenue. Adjusted losses at the earnings before interest, tax, depreciation and amortisation level for the year through December were seen
12-Jan-2021 09:41 AM

Woodbois annual revenue drops 23%

Africa-focused forestry group Woodbois said it had achieved its revised target for a 23% fall in annual revenue. Revenue for the year through December dropped to $15 million down from $19.5 million in 2019, the company said. Fourth quarter revenue was $
02-Dec-2020 09:06 AM

Woodbois earnings expectations steady even as revenue deferred

Africa-focused forestry company Woodbois cut its annual revenue guidance as the pandemic pushed some expected sales into next year, though it kept its earnings expectations intact. Woodbois said around $2 million of revenue to be recorded in the fourth q
02-Sep-2020 09:11 AM

Woodbois losses deepen as revenue slips 7.5%

African focused forestry and timber trading company Woodbois posted a first-half loss, as its revenue slipped and finance costs rose. Pre-tax losses for the six months through June amounted to $4.3m, compared to losses of $3.4m on-year. Revenue fell 7.5
27-Mar-2020 09:01 AM

Woodbois withdraws 2020 financial guidance as it braces for Covid-19 hit

African focused forestry and timber trading company Woodbois withdrew its 2020 financial guidance, citing uncertainty caused by the Covid-19 pandemic. The impact of the respiratory disease outbreak on the business had so far been limited. Woodbois said
11-Sep-2019 07:38 AM

Woodbois posts first-half loss as expenses weigh

African hardwood supplier Woodbois posted a first-half loss, as rising sales were outweighed by higher operating costs. Pre-tax losses for the six months through June amounted to $3.4m, compared to a loss of $4.7m on-year. Revenue rose 41% to $9.3m. &a
13-May-2019 09:41 AM

Woodbois posts annual loss amid higher operating costs

Timber group Woodbois posted a full-year loss, as rising revenue was more than offset by higher operating costs. Pre-tax losses for the year through December amounted to $5.6m, compared to losses of $7.3m on-year. Revenue rose 70% to $13.4m. 'Perh

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