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AIAENG: Logistics disruptions hit volumes, but margins strong; new expansion and buyback announced

AIAENG: Logistics disruptions hit volumes, but margins strong; new expansion and buyback announced

Aia Engineering LimitedAugust 12, 20244
AIAENG: Logistics disruptions hit volumes, but margins strong; new expansion and buyback announced

About this update from Aia Engineering Limited

Quarterly volumes and revenue declined due to severe logistics disruptions, but margins remained strong. Management is optimistic about long-term growth, with a new composite mill liner facility and a major buyback announced, while closely monitoring ongoing supply chain challenges.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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