Boom Logistics Limited Resolves Not to Pay Final Dividend for the Year 2022

Boom Logistics Limited is an Australia-based company, which offers a complete project service across all sectors across Australia. The Company is engaged in providing lifting solutions. It provides support to build new bridges, construct and install wind farms, maintain heavy plant and equipment on mine site, optimize existing infrastructure or handle everyday maintenance across rail and telecommunications networks. The Company operates through one segment: Lifting Solutions, which consists of all lifting activities, including the provision of cranes, travel towers, access equipment and all associated services. It serves various markets, including mining and resources, infrastructure, renewables, wind farm maintenance, utilities, industrial maintenance and telecommunications. Its subsidiaries include AKN Pty Ltd, Boom Logistics Constructions Pty Ltd, Shutdown Staffing Pty Ltd, Boom Logistics (VIC) Pty Ltd, Boom Logistics Projects Pty Ltd and Boom Renewables Pty Ltd.