His first report showed annual revenue remained relatively stable between 2024 and 2025 at about $12m. The interior of Burger Burger. Photo / Babiche Martens But increasing labour, food and occupancy costs significantly reduced gross margins and operating profitability. Last year, the business moved from a modest operating profit to a loss despite maintaining revenue…
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Triangle Energy (Global) Limited (ASX: TEG) has been suspended from quotation on the Australian Securities Exchange effective immediately, following the appointment of voluntary administrators to the company. The ASX determined that the oil and gas exploration and production company’s financial condition no longer meets the criteria for continued quotation under Listing Rule 12.2. The suspension…
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Triangle Energy Enters Voluntary Administration Amid Decommissioning Challenges in Perth Basin Operations Kalkine Media Read the original article here
Triangle Energy (Global) Limited (ASX:TEG), an oil and gas exploration and production company operating in Western Australia’s Perth Basin, has announced the appointment of a voluntary administrator to itself and three wholly owned subsidiaries. The decision follows the appointment of administrators to Pilot Energy Ltd and Triangle Energy (Operations) Pty Ltd, the operator of the…
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‘Proud of what we built’: Gisborne builder’s business collapses amid $420k debt Herald Sun Read the original article here