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Woodbois ( (GB:WBI) ) just unveiled an announcement.
Woodbois Limited has resumed production in Gabon, reporting increased activity and sales in both international and local markets. The company has successfully sold its entire stock of veneer from the previous year and is experiencing a boost in sawn timber sales following participation in international trade shows. However, the publication of its FY 2024 annual report is delayed due to previous disruptions, leading to a temporary suspension of its shares on AIM. The company is working on simplifying its corporate structure to enhance operational efficiency and streamline future audits.
More about Woodbois
Woodbois Limited operates in the forestry industry, focusing on the production and sale of wood products such as veneer and sawn timber. The company is actively involved in both international and domestic markets, with a significant presence in Gabon, where it benefits from forestry concessions.
Average Trading Volume: 140,416,858
Technical Sentiment Signal: Sell
Current Market Cap: £8.07M
Find detailed analytics on WBI stock on TipRanks’ Stock Analysis page.