Brief: Ecofibre Updates On Fibre Seed Growing Operations

Ecofibre

19/07/2023 02:25

July 19 (Reuters) - Ecofibre Ltd  EOF.AX :
    * UPDATE ON FIBRE SEED GROWING OPERATIONS
    * IN LATE 1H23, ECOFIBRE EXPORTED 132 TONNES OF HEMP FIBRE
PLANTING SEED FROM AUSTRALIA TO CUSTOMERS IN UNITED STATES
    * APPEARS THAT SEED WAS DAMAGED IN TRANSIT DESPITE USE OF
REFRIGERATED CONTAINERS
    * NET FINANCIAL IMPACT OF SEED DAMAGE IN FY23 AND FY24 WILL
BE IN
ORDER OF A$1-2M

Source text for Eikon:  ID:nASX7gxcPn 
Further company coverage:  EOF.AX 

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