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Why Did Delorean Delay Disclosing $3.3M Profit Hit on Yarra Valley Project?

12:21pm on Monday 6th of October, 2025 AEDT Infrastructure
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Why Did Delorean Delay Disclosing $3.3M Profit Hit on Yarra Valley Project?

12:21pm on Monday 6th of October, 2025 AEDT
Key Points
  • Delayed grid connection pushed Yarra Valley Water project completion into Q1 FY26
  • Construction phase profit reduced by $3.3 million due to cost increases and delays
  • Delorean cites contract complexity and ongoing negotiations for delayed disclosure
  • Company confirms compliance with ASX continuous disclosure rules
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