Brief: Engenco Anticipates Financial Performance In Second Half Will Remain Positive

Engenco

01/05/2024 01:45

May 1 (Reuters) - Engenco Ltd  EGN.AX :
    * ANTICIPATED THAT FINANCIAL PERFORMANCE IN SECOND HALF WILL
REMAIN POSITIVE
    * NO LONGER EXPECTING MATERIAL IMPROVEMENT FOR FY24 WHEN
COMPARED
TO FY23
    * NOT EXPECTED TO RETURN TO NORMAL LEVELS UNTIL FY25.
    * GEMCO RAIL NOT EXPECTED TO RETURN TO NORMAL LEVELS UNTIL
FY25
    * OPERATIONS AT GEMCO RAIL FACILITY IN KARRATHA ARE EXPECTED
TO
COMMENCE IN H2 FY25

Further company coverage:  EGN.AX 

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