Brief: Nexion Group Posts Operating Revenue Of A$2.37M For Q3

Nexion

28/04/2023 02:35

April 28 (Reuters) - NEXION Group Ltd  NNG.AX :
    * OPERATING REVENUE OF A$2.37M FOR Q3
    * RESTRUCTURING COMPLETE WITH SIGNIFICANT REDUCTION IN
OPERATING
OVERHEADS TO BE REALISED IN Q4
    * NOW POISED TO ENTER NEW PHASE OF GROWTH IN Q4
    * RESTRUCTURING EXPENSES WERE ABSORBED IN QUARTER WITH
OPERATING
COST REDUCTIONS IN EXCESS OF A$1.2M PA DUE TO BE REALISED FROM
APRIL IN Q4

Source text for Eikon:  ID:nASXGNCdM 
Further company coverage:  NNG.AX 

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