GAR adds that its business model remains “intact and resilient” with a record net profit of US$675 million achieved for the 9MFY2022 ended Sept 30.
“The group has been able to leverage its integrated business model and successfully extract value throughout the value chain, including optimising the usage of its facilities, logistic capabilities, product portfolio and geographical presence,” says GAR.
The group will release its results for the FY2022 on or before March 1, 2023.
Shares in GAR closed flat at 25.5 cents on Dec 19.
See also: Creative guides for ‘similar level of operating loss’ for 2HFY2025
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