Laserbond Limited Reports Stable Revenue Amidst Profit Margin Decline

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Laserbond Limited Reports Stable Revenue Amidst Profit Margin Decline

An update from Laserbond Limited ( (AU:LBL) ) is now available.

Laserbond Limited reported its half-year financial results, showing a slight increase in overall revenue to $20.297 million from $20.283 million in the previous year, with services revenue driving this growth. However, the company faced a decline in gross profit and EBITDA margins, reflecting increased operational costs and a challenging market environment, which impacted profitability and shareholder returns.

More about Laserbond Limited

YTD Price Performance: 3.57%

Average Trading Volume: 79,285

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$68.05M

See more data about LBL stock on TipRanks’ Stock Analysis page.

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