Laserbond Limited Reports Stable Revenue Amidst Profit Margin Decline
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Laserbond Limited reported a slight revenue increase to $20.297 million for the half-year, up from $20.283 million, driven by services revenue. However, the company experienced a decline in gross profit and EBITDA margins due to rising operational costs and a challenging market, affecting profitability and shareholder returns. The current market cap is A$68.05M, with a consensus rating of 'Buy'.
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