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Results: WBI

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EPIC WBI
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Woodbois – interims, reasons for confidence...

Woodbois (WBI), the African-focused forestry and timber trading company, has announced results for the first half of 2020 and “over the summer months… order-flow from Asia, the Middle East and Europe has suggested a strong bounce-back in demand for construction materials, and one that Woodbois is better equipped than ever to fulfil”...

EPIC WBI
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Woodbois – quarterly update, moves to usher in profitability?

Forestry and timber trading company Woodbois (WBI) has updated emphasising “Record quarterly revenues with $5.6m generated in Q4 2019… Record annual revenues of c$20m for 2019, 48% increase year-on-year… The business has continued its rapid and consistent growth path”

EPIC WBI
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Woodbois – positive quarterly update from the former Obtala, ‘a high level of confidence’…

Woodbois (WBI), the former Obtala, “is pleased to provide a quarterly update on operations for the three months ended 31 March 2019” (Q1), emphasising “the pace of progress… clearly validates the decision to shed the agriculture business in order to concentrate our experience, energy and strengthened balance sheet on competing profitably within our chosen industry” (timber production and trading)…

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