tiprankstipranks
Trending News
More News >

Wingara AG Limited Reports Revenue Growth Amid Operational Challenges

Story Highlights
Wingara AG Limited Reports Revenue Growth Amid Operational Challenges

Confident Investing Starts Here:

Wingara Ag Ltd. ( (AU:WNR) ) has provided an announcement.

Wingara AG Limited reported an 18% increase in revenues for the year ending March 2025, despite facing a challenging trading environment. The company paused operations at its Epsom site due to negative margins caused by depressed fodder prices, leading to staff redundancies. In response to ongoing market challenges, Wingara sold its Export Hay Press for AUD $750,000 and is focusing on reducing operating costs and exploring mergers and acquisitions. The company’s net loss after tax decreased by 53% to $1,466,195, reflecting improved financial performance compared to the previous year.

More about Wingara Ag Ltd.

Wingara AG Limited operates in the agricultural industry, focusing primarily on the fodder business. The company is involved in hay production and provides storage and marketing services to customers and farmers.

Technical Sentiment Signal: Sell

Current Market Cap: A$1.23M

Learn more about WNR stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App