Online bookstore giant Booktopia (ASX: BKG) has reported earnings fell by 49 per cent to $4.1 million for the December half as lockdowns across Sydney led to labour shortages.
The group’s distribution centre in Lidcombe was subject to some of the most restrictive lockdowns in New South Wales, which made managing the facility “difficult” throughout 1H22.
Due to problems staffing the centre, distribution costs increased from $1.42 per unit to $1.65. To manage the strain, the company onboarded new permanent full-time employees.
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