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<WIRE> Big River Industries (ASX:BRI) Drops Amid Weak Half Yearly Results



Shares of Big River Industries (ASX:BRI) saw a decline as high as 4.5% to A$1.90, marking their least value since late August the past year.

The wood producer, having a focus on timber, disclosed a half yearly profit from regular activities after tax attributable of A$7.1 million, a decrease by 44.8%.

The revenue from regular activities also dwindled by 5.9%, standing at A$218.8 million.

In addition to this, close to 140,700 shares were traded, running 3.8 times ahead of the thirty-day average volume.

As of the latest closure, the stock has depreciated by 5.2% this year.

Big River Industries is a company centered on wood production, with a prime focus on timber.


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