MyEco Group's Sales of Sustainable Products Down 10% in Fiscal Q3; Shares Fall 11%

MT Newswires Live

Apr 07, 2025

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Trading app for stocks, options & ETFs","description":"Invest in US, ASX, HK, China A-shares, ETFs & options with Tiger Brokers, Australia's trusted stock trading app!","keywords":"tiger brokers,tiger brokers au,tiger brokers australia,tiger trade,tiger trading,australia stock platform,US option,US stocks,stocks and options,australian trading platform,online broker australia,stock trading apps,mobile trading app,desktop trading,chess sponsored brokers,share trading platform","social":{"ogDescription":"Invest in US, ASX, HK, China A-shares, ETFs & options with Tiger Brokers, Australia's trusted stock trading app!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2525057425"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"AUS","license":"TBAU","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2525057425\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2525057425?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-07 13:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2525057425","market":"fut","top_or_hot":-1,"title":"MyEco Group's Sales of Sustainable Products Down 10% in Fiscal Q3; Shares Fall 11%","media":"MT Newswires Live","content":"<html><body><p> 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.</p><p>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.</p><p>Sales as of March 31 rose more than 10% year on year on a continuing operations basis, the filing stated.</p><p>The company, which makes sustainable packaging materials, still expects fiscal second-half group sales to increase from the prior six-month period.</p><p>MyEco Group's shares fell 11% in recent trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MyEco Group's Sales of Sustainable Products Down 10% in Fiscal Q3; Shares Fall 11%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMyEco Group's Sales of Sustainable Products Down 10% in Fiscal Q3; Shares Fall 11%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-04-07 13:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> 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.</p><p>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.</p><p>Sales as of March 31 rose more than 10% year on year on a continuing operations basis, the filing stated.</p><p>The company, which makes sustainable packaging materials, still expects fiscal second-half group sales to increase from the prior six-month period.</p><p>MyEco Group's shares fell 11% in recent trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MCO.AU","symbol_name":"MyEco Group Ltd","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2525057425","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2525057425","pubTimestamp":1744002650,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"MyEco Group's  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.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"MCO.AU":"MyEco Group Ltd"},"translate_title":"MyEco集团第三财季可持续产品销售额下降10%；股价下跌11%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MCO.AU":0.9},"content_text":"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.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}