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Westbond ( (TSE:WBE) ) just unveiled an update.
WestBond Enterprises Corporation reported a decrease in sales and a subsequent loss for the quarter ending December 31, 2024, attributed to market volatility and changes in the US government. Despite reduced orders in November and early December, there was a rebound in late December and January 2025. The company has added staff to enhance production stability and continues to invest in new products and machinery, preparing for potential changes in Canadian and US markets.
More about Westbond
WestBond Enterprises Corporation is involved in the production and distribution of high-end air laid napkins, primarily targeting the food service or hospitality industry. The company is focusing on expanding its market share in Canada and the US, with investments in new products and machinery to adapt to potential market changes.
YTD Price Performance: -2.78%
Average Trading Volume: 21,035
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$6.23M
Find detailed analytics on WBE stock on TipRanks’ Stock Analysis page.