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TasFoods Limited (ASX:TFL)

ALERT: Price-sensitive ASX Announcement for TFL
Current share price for TFL : $0.005 -0.001 (-16.67%)+
Announcement
Release
31 Oct 2025 7:00PM
Price at Release
$0.006
Full Release
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Summary
TasFoods Limited released its Business Activity Report and Appendix 4C Quarterly Cash Flow Report for the quarter ended 30 September 2025. The company highlighted a business sale agreement for Pyengana Dairy, which includes a cash component and shares of AgFood. The settlement of a property sale was completed, with proceeds used to reduce term debt. The company faced challenges with an oversupply and heavy discounting in the poultry market, affecting sales. However, efforts to manage costs resulted in a decrease in indirect costs by 5.6% compared to the previous corresponding period. The company continues to focus on optimizing shareholder returns through active management of its business operations and asset portfolio.
Key Points
  • Business sale agreement for Pyengana Dairy for $2m.
  • Settlement of old Betta Milk property to reduce debt.
  • Challenges due to oversupply and discounting in poultry market.
  • Decrease in indirect costs by 5.6% from PCP.
  • Focus on optimizing shareholder returns through asset management.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.