Doman Building Materials Group (TSE:DBM) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Doman Building Materials Group Ltd. reported a decrease in Q2 2024 earnings with revenues of $689.8 million, a 2.9% drop from the previous year, attributed to a slowdown in the construction materials market. Despite the challenging conditions, the company declared a $0.14 per share dividend. Net earnings were down to $17.0 million compared to $29.2 million in the same quarter of last year.
For further insights into TSE:DBM stock, check out TipRanks’ Stock Analysis page.