Midway Limited (MWY.AX)
Midway Limited operates in the Paper, Lumber & Forest Products industry of the Basic Materials sector, headquartered in North Shore, VIC, AU. The stock last traded at $1.22, up 0.00% on the session, giving a market capitalisation of $106.1M. Its beta of 0.79 implies it has historically moved less than the broad market.
Midway Limited, incorporated in 1980 and headquartered in North Shore, Australia, specializes in the production, processing, and global export of woodfibre. This woodfibre is primarily supplied to manufacturers of pulp, paper, and associated products across Australia, China, Japan, and Southeast Asia. The company's operations are divided into three core segments: Woodfibre, Forestry Logistics, and Plantation Management. Its main offerings consist of both hardwood and softwood woodchips. Furthermore, Midway extends comprehensive support services to external woodfibre growers, encompassing harvesting, on-site chipping, and transportation, in addition to providing plantation management expertise. The company also handles the marketing and sale of woodfibre procured from other parties.
Midway Limited is most often compared with the following Basic Materials names: