Avarga Limited: Half-Year Financials 2025
For the first half of FY2025, Avarga Limited experienced a significant decrease in its reported net profit, primarily influenced by the re-presentation of discontinued operations and a substantial one-off expense. The core building products business demonstrated a slight decline in revenue and gross profit, attributed partly to currency fluctuations. • The Group’s financial results reflect a considerable shift in overall profitability, impacted by strategic adjustments and specific charges • The balance sheet saw notable changes, including an increase in trade receivables and a significant…
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