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WestStar Industrial Reports Significant Half-Year Loss

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WestStar Industrial Reports Significant Half-Year Loss

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WestStar Industrial Ltd. ( (AU:WSI) ) has shared an announcement.

WestStar Industrial Limited reported a significant decline in financial performance for the half-year ending December 31, 2024. Revenues fell by 29.7% to $77.38 million, and the company recorded a loss of $1.36 million, a stark contrast to the previous year’s profit of $2.9 million. This downturn highlights challenges the company faces in maintaining its market position and financial health, with no dividends declared for the period.

More about WestStar Industrial Ltd.

WestStar Industrial Limited operates in the industrial sector, focusing on providing a range of services and products. The company is involved in various industrial activities, although specific market focus details are not provided in the release.

YTD Price Performance: -15.00%

Average Trading Volume: 53,689

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$10.95M

Find detailed analytics on WSI stock on TipRanks’ Stock Analysis page.

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