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How Will Oldfields Bounce Back From $3.6M Loss Amid Inventory Crunch?

4:39am on Saturday 30th of August, 2025 AEST Industrial Products
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How Will Oldfields Bounce Back From $3.6M Loss Amid Inventory Crunch?

4:39am on Saturday 30th of August, 2025 AEST
Key Points
  • Net loss narrowed to $3.6 million from $7.3 million in FY2024
  • Working capital shortages limited inventory, impacting paint and scaffolding sales
  • Product recall continued to affect sales and incurred remediation costs
  • Net liabilities increased to $8.0 million with significant ATO and PAM debts
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