6-K - Nature Wood Group Ltd (0001948294) (Filer)
6-K - Nature Wood Group Ltd (0001948294) (Filer)
6-K - Nature Wood Group Ltd (0001948294) (Filer)
6-K - Nature Wood Group Ltd (0001948294) (Filer)
20-F - Nature Wood Group Ltd (0001948294) (Filer)
6-K - Nature Wood Group Ltd (0001948294) (Filer)
6-K - Nature Wood Group Ltd (0001948294) (Filer)
Nature Wood Group Limited Expects 75% Revenue Growth in 2024 MACAU, March 4, 2024 /PRNewswire/ -- Nature Wood Group Limited ("Nature Wood" or the "Company"), one of global leaders in vertically-integrated forestry and FSC business operations, is pleased to announce its guidance for the fiscal year 2024. The company expects to achieve a significant increase in revenue, reaching $45 million, compared to the recently preannounced revenue of $25.4 million for 2023. The rebound in sales is primarily driven by new regulations in the European Union, which mandates a higher percentage of wood to be used in building homes and requires the wood to be sustainably sourced. As a company with a strong fo
MACAU, Feb. 14, 2024 /PRNewswire/ -- Nature Wood Group Limited (NASDAQ:NWGL), a global leader in vertically-integrated forestry and FSC business operations, today revealed its preliminary financial results for the full year ended December 31, 2023. 2023 Financial Overview: Nature Wood experienced a challenging year in 2023, with total sales reaching $25.4 million, a decrease from $55.3 million in 2022. The year concluded with the Company anticipating a loss of $5.2 million, in contrast to the income of $5.2 million reported in the prior year. These outcomes were significantly influenced by the ongoing global economic downturn and geopolitical tensions, including the prolonged impact of the
NEW YORK, Dec. 18, 2023 /PRNewswire/ -- Nature Wood Group Limited ("Nature Wood" or the "Company"), a global leader in vertically-integrated forestry and FSC business operations, today disclosed its unaudited financial results for the six months ended June 30, 2023. Financial Highlights: Total revenue for the first half of 2023 stood at approximately $15.6 million, marking a decrease of 49.6% from the $31.0 million recorded in the same period of last year.The Company reported a loss of approximately $1.0 million for the period, a significant shift from the $3.8 million profit reported in the first half of 2022.The cash position at the end of the period was $2.1 million. Additionally, the Co
MACAU, Nov. 28, 2023 /PRNewswire/ -- Nature Wood Group Limited ("Nature Wood" or the "Company"), a global leader in vertically-integrated forestry and FSC business operations, today provides an update on its financial performance for the first half of 2023, ending June 30, 2023. In light of the challenging global economic conditions that have significantly impacted the home building and home renovation sectors, Nature Wood anticipates that its financial results for the first half of 2023 will be lower as compared to the first half of the previous year, in terms of both revenues and earnings. This forecast reflects the broader economic trends that have affected industries worldwide, particu
MACAU, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Nature Wood Group Limited (the "Company" or "Nature Wood") (NASDAQ:NWGL), a global leading vertically-integrated forestry company that focuses on FSC business operations, today announced that Prime Number Capital LLC, as underwriter of the Company's initial public offering ("IPO"), has partially exercised the over-allotment option to purchase an additional 85,868 ADSs at the IPO price of US$9 per ADS. As a result, the Company has raised gross proceeds of $772,812, in addition to the previously announced IPO gross proceeds of approximately $6,750,000, before underwriting discounts and offering expenses. Prime Number Capital LLC acted as underwr
Macau, China, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Nature Wood Group Limited (the "Company" or "Nature Wood") (NASDAQ:NWGL), a global leading vertically-integrated forestry company that focuses on FSC business operations, today announced its Chinese subsidiary Foshan City Linjia Technology Company Limited ("Linjia Tech") has entered into a framework agreement ("Framework Agreement") with the Research Institute of Wood Industry, Chinese Academy of Forestry ("Research Institute") on September 22, 2023, pursuant to which Linjia Tech has formed a five-year innovative partnership with the Research Institute on the research and development in relation to biomass supramolecular and biomass carbon e
MACAU, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Nature Wood Group Limited (the "Company" or "Nature Wood"), a global leading vertically-integrated forestry company that focuses on FSC business operations, today announced the closing of its initial public offering (the "Offering") of 750,000 American Depositary Shares ("ADS") at a price to the public of US$9 per ADS for gross proceeds of US$6.75 million, before deducting underwriting discounts and offering expenses. In addition, the Company has granted the underwriters an option, exercisable within 45 days from the closing date of the Offering, to purchase up to an additional 112,500 additional ADSs at the public offering price, less underwriting
Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) fell sharply during Monday’s session. Guggenheim analyst John Difucci downgraded the stock from Buy to Neutral, while BTIG analyst Gray Powell downgraded the stock from Buy to Neutral. CrowdStrike shares dipped over 11% on Friday after the company suffered a major outage impacting businesses around the world. Selective Insurance Group shares dipped 13.2% to $264.65 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers MIRA Pharmaceuticals, Inc. (NASDAQ:MIRA) shares climbed 148% to $1.98 after the company announced new preclinical study results for its novel oral ketamine analog, Ketamir-2. CareMa
With U.S. stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects The Greenbrier Companies, Inc. (NYSE:GBX) to report quarterly earnings at $1.14 per share on revenue of $928.73 million before the opening bell. Greenbrier shares gained 0.72% to $48.91 in the after-hours trading session. Nature Wood Group Limited (NASDAQ:NWGL) said Jianjun Zeng is stepping down as CEO due to health reasons. The company named Hubei Song as its new CEO. Nature Wood Group shares gained 2% to $2.03 in after-hours trading. Fortress Biotech, Inc. (NASDAQ:FBIO) reported a pause in the payment of dividends on its 9.375% Se
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The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. Suzano S.A. (NYSE:SUZ) On May 9, Suzano posted a decline in quarterly sales.The company's stock fell around 11% over the past f
Shares of Clever Leaves Holdings Inc. (NASDAQ:CLVR) fell sharply during Monday's session after the company announced that it will voluntarily delist its common shares from the Nasdaq and deregister its Securities to terminate and suspend its reporting obligations. Clever Leaves Holdings shares dipped 60% to $1.6498 on Monday. Here are some other stocks moving in today’s mid-day session. Gainers Deciphera Pharmaceuticals, Inc. (NASDAQ:DCPH) shares climbed 73% to $25.36 after the company announced it will be acquired by ONO Pharmaceutical for $25.60 per share in cash. Collective Audience, Inc. (NASDAQ:CAUD) gained 50.4% to $0.6002 after the company announced a strategic partne
Shares of Koninklijke Philips N.V. (NYSE:PHG) rose sharply in today's pre-market trading after reporting first-quarter results. The company also resolved the respironics personal injury and medical monitoring litigation in the US for $1.1 billion. Koninklijke Philips shares jumped 37.1% to $28.87 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Inno Holdings Inc. (NASDAQ:INHD) gained 33.8% to $0.8410 in pre-market trading. Ryde Group Ltd. (NYSE:RYDE) gained 25.9% to $4.18 in pre-market trading after dipping 8% on Friday. Akanda Corp. (NASDAQ:AKAN) climbed 21.4% to $0.1250 in pre-market trading after gaining over 12% on Friday. Ocea
Shares of Aon plc (NYSE:AON) fell sharply during Friday's session after the company reported worse-than-expected quarterly financial results. Aon posted adjusted earnings of $5.66 per share, missing market estimates of $5.91 per share. The company's sales came in at $4.070 billion versus expectations of $4.126 billion, according to data from Benzinga Pro. Aon shares dipped 7.4% to $283.19 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers Biodexa Pharmaceuticals Plc (NASDAQ:BDRX) shares jumped 73.3% to $1.2475 after the company entered an exclusive license agreement with Rapamycin Holdings for the rights to eRapa. Pineapple Energy Inc. (NASDAQ
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining by more than 200 points on Friday. Following the market opening Friday, the Dow traded up 0.20% to 38,162.13 while the NASDAQ rose 1.36% to 15,823.47. The S&P 500 also fell, dropping, 0.73% to 5,085.46. Check This Out: Top 4 Materials Stocks That May Explode In Q2 Leading and Lagging SectorsCommunication services shares rose by 4.9% on Friday. In trading on Friday, energy shares dipped by 1.2%. Top Headline The Federal Reserve's preferred measure of inflation – the Personal Consumption Expenditure (PCE) price index – rose more than expected in March. The headline PCE price index rose from 2.5% in Febr
Shares of HighPeak Energy, Inc. (NASDAQ:HPK) fell sharply during Thursday’s session after the company reported worse-than-expected fourth-quarter revenue results. HighPeak Energy posted GAAP earnings of 66 cents per share, versus market estimates of 65 cents per share. The company’s quarterly sales came in at $301.153 million versus expectations of $339.525 million. HighPeak Energy shares declined 15.3% to $13.49 on Thursday. Here are some other stocks moving in today's mid-day session. Gainers Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) shares jumped 404% to $11.65 after the company announced the launch of Lytus Cloud. CERo Therapeutics Holdings, Inc. (NASDAQ:CERO) gained
As of March 5, 2024, five stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here’s the latest list of major overbought players in this sector. Nature Wood Group Limited (NASDAQ:NWGL) On March 4, Nature Wood Group said it expects to achieve a