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Why Did Merino & Co. Plunge to a $2.76M Loss Amid Falling Revenues?

4:44am on Saturday 30th of August, 2025 AEST Consumer Discretionary
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Why Did Merino & Co. Plunge to a $2.76M Loss Amid Falling Revenues?

4:44am on Saturday 30th of August, 2025 AEST
Key Points
  • 36% decrease in revenues to $3.51 million
  • Net loss of $2.76 million compared to prior year profit
  • No dividends declared for the year
  • Net tangible assets per share slightly increased to 7.47 cents
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