Brief: Bubs Australia Says Q4 Group Gross Revenue Of A$20.0 Mln

Bubs Australia

31/07/2023 02:43

July 31 (Reuters) - Bubs Australia Ltd  BUB.AX :
    * Q4 GROUP GROSS REVENUE OF A$20.0M WAS DOWN 59% ON PCP
    * AS A CONSEQUENCE OF EXCESS STOCK IN TRADE AND ONGOING
DISPUTE
WITH WILLIS AND ALICE, SALES INTO CHINA REMAIN SUBDUED
    * BUBS REMAINS ON TRACK TO MEET ALL REGULATORY MILESTONES
FOR
PERMANENT ACCESS TO USA MARKET
    * EXPECTS TO SEE CHINA SALES AND VOLUMES BUILD STEADILY IN
COMING
YEAR

Source text for Eikon:  ID:nASX50rvGN 
Further company coverage:  BUB.AX 

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