Brief: Aofrio Says Maintaining Its 2023 Guidance

Aofrio

01/05/2023 22:42

May 2 (Reuters) - Aofrio Ltd  AOF.NZ :
    * MAINTAINING ITS 2023 GUIDANCE WITH FORECAST REVENUE GROWTH
EXPECTED TO EXCEED 30%
    * REVENUE FOR Q1 2023 WAS NZ$14.7 MILLION VERSUS NZ$18.4
MILLION
    * CONTINUES TO TAKE A CAUTIOUS APPROACH TO ADDING STAFF
    * REMAINS CAUTIOUS ABOUT ITS BASE DEMAND IN SHORT TERM,
LARGELY
DUE TO MACRO-ECONOMIC ISSUES IN REGIONS WE OPERATE
    * TAKING A MEASURED APPROACH TO PLANNED INVESTMENTS,
INCLUDING
STAFFING

Further company coverage:  AOF.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))