Range International Limited (AU:RAN) has released an update.
Range International Limited reports a 6% revenue drop in Q2 2024 compared to Q1 and a 30% decrease from the 2023 quarterly average, despite delivering 8% more pallets. The company’s Indonesian operations are focusing on increasing sales and adapting to tighter EPR rules by producing pallets from 100% recycled plastics. Additionally, a new contract for 50,000 pallets with PT Frisian Flag Indonesia showcases positive initial feedback and aligns with environmental responsibilities.
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