MyEco Group's (ASX:MCO) total sales of sustainable products declined 10% year on year to AU$3.9 million in the fiscal third quarter ended March, according to a Monday filing with the Australian bourse.
The decline was attributed to the timing of shipping departures, which led to AU$400,000 of white label orders being delayed to April instead of March, per the filing. The company also logged lower resin and council sales.
Sales as of March 31 rose more than 10% year on year on a continuing operations basis, the filing stated.
The company, which makes sustainable packaging materials, still expects fiscal second-half group sales to increase from the prior six-month period.
MyEco Group's shares fell 11% in recent trade.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。