Shriro Awash With Cash Despite Revenues Down 20% & Profits 25%
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August 27, 2023
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Sydney based distributor is awash with cash and no debt, despite revenues falling 20.5%, profit after tax fell 25.2% to $8M from... Read More
Shriro Chasing New Brands After 4 Directors Quit
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November 1, 2022
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Abigail Cheadle, the Chairperson of Sydney based distributor Shriro who was hit with a cyber-attack earlier this year, claims that the business... Read More
Shriro’s Profits Down 33%, Warns FY23 Will Be Worse
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August 31, 2022
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Sydney-based distributor Shriro has suffered through extended lockdowns and a cybersecurity incident to post profits after tax of just $13.5 million, 33.5... Read More
Another Director Quits Shriro EGM Cancelled
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May 25, 2022
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Another director has quite Sydney based distributor Shriro Holdings effective immediately. Independent non-executive Director Kim Slater has resigned effective immediately with questions... Read More
Shriro Profits Crash 35.4% As Revenues Slump In Oz 19%
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March 11, 2022
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Sydney based distributor Shriro has seen a reversal of fortunes, with revenues falling for the past six months by over 19% in... Read More
Hack Attack Takes Down Distributor For Three Weeks
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September 1, 2021
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Sydney based distributor Shriro who has reported a 50% increase in profits to $9.8 million, has admitted that a recent hack attack... Read More
Shriro To Lose 10% Of Revenue As Blanco Goes Direct
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August 9, 2021
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In a blow to distributor Shriro, Blanco Australia is taking over direct distribution of its sinks, taps, and appliances from next year.... Read More
Appliance Distributor Shriro Rocketing Along, No Debt & 180% Growth
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April 27, 2021
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Both the Chairman and CEO of ASX listed distributor Shriro, who went last year without a showroom or offices, have described 2020... Read More
No Office Shiro Wobbles, COVID Costs Cut Boosts Profits, Sales Down
NSW based distributor Shriro who are currently without a head office or showroom has reported a 3.2% fall in Australian revenues, overall... Read More