Aussie brickmaker Brickworks shares collapse after shock AU$172m write-down

Aussie brickmaker Brickworks shares collapse after shock AU$172m write-down

Brickworks Limited shares dropped over 3% to AU$25.26 on Thursday following a massive AU$172.4 million impairment hit for fiscal year 2024. The company’s asset values took a significant blow due to a worsening market environment in Australia and North America, leading to a decline in investor confidence. AU$172 million impairment triggers investor concerns Brickworks Limited, […]