East 33 Limited (AU:E33) has released an update.
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East 33 Limited reported a resilient performance in its distribution business amidst challenging market conditions, including adverse weather impacting NSW estuaries. Despite a reduced harvest forecast for FY24 due to closures, the company maintains stable revenue projections and anticipates a strong rebound in oyster volumes for FY25. Improvements in stock quality and hatchery operations have contributed to the firm’s steady financial outlook.
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