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Oct 25 (Reuters) - Tamawood Ltd (TWD) : BOARD OF TWD HAS MADE A...

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    25/10/19
    16:45
    Post #: 41071531

    Oct 25 (Reuters) - Tamawood Ltd (TWD) :

    • BOARD OF TWD HAS MADE A DECISION TO INCREASE DISTRIBUTION TO 27 CENTS
    • RESULT OF INCREASE IN SALES WILL HAVE MINIMAL IMPACT ON FIRST HALF OF FY20
    • ANTICIPATE INCREASED SALES FLOWING THROUGH TO A SIGNIFICANTLY IMPROVED RESULT IN SECOND HALF OF FY20
    • SEE NO REASON, AT THIS POINT, NOT TO ACHIEVE A MUCH IMPROVED RESULT FOR FY20 COMPARED TO FY19
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