Taiga Building Products Faces Sales and Earnings Dip

Taiga Building Prod (TSE:TBL) has released an update.

Taiga Building Products Ltd. has reported a decrease in sales and earnings for the second quarter and the first half of 2024, primarily due to lower volumes of commodity products sold and fluctuating commodity prices. The company’s quarterly sales dropped by 4%, with a significant reduction in gross margin and net earnings. EBITDA also saw a decline in both the quarterly and half-yearly financials compared to the previous year.

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