Big River Industries (ASX:BRI) reported a Full Year Net Profit After Tax (NPAT), prior to taking into account significant items, amassing A$23.2 million, an uptick compared to last year’s figure of A$22.5 million.

Furthermore, the company’s sales revenue for fiscal year 23 surged by 9.8%, amounting to A$449.5 million.

The organization has also announced a final dividend of 8.5 AU cents/share.

Nonetheless, in FY24, the company foresees that pressure is likely to be exerted on its gross margins.

Big River Industries is a leading Australian company that specialises in the sales of timber and building supplies.