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Multistack International Posts $2.26M Profit Amid Core Business Losses and Restructuring Plans

11:42am on Friday 1st of May, 2026 AEST Industrial Manufacturing
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Multistack International Posts $2.26M Profit Amid Core Business Losses and Restructuring Plans

11:42am on Friday 1st of May, 2026 AEST
Key Points
  • Net profit of $2.26 million despite 57.5% revenue decline
  • Core Australian operations continue to incur losses
  • Received $4 million from settlements and asset disposals
  • Board plans disposal of Australian subsidiary shares
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