Woodbois Limited (GB:WBI) has released an update.
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Woodbois Limited has secured substantial orders from major international markets, with purchase commitments for sawn timber and veneer valued at nearly $8.5 million for 2024. The company is enhancing its financial performance by optimizing payment terms and cutting salary costs by nearly half, all while maintaining production during challenging conditions. These strategic moves aim to strengthen Woodbois’ position in the global timber market and ensure sustainable growth.
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