woodbois ltd said thursday that revenue rose in the fourth quarter on year due to higher sawn timber and veneer production and that conditions in mozambique remained challenging the africafocused forestry and timber company said revenue from october to december was 6 million compared with 48 million for the fourth quarter of 2021 total revenue for the year rose 32 to 231 million the company said as sawn timberwhich provided the largest contribution to revenue growthand veneer production increased woodbois said the contribution from veneer sales was more modest due to logistical delays in the commissioning of the second production line which was completed in the second half it added the decrease in expected veneer revenue was partially made up by log sales to other veneer producers in gabon the company said it continued to review its strategic options in mozambique as the conditions there remained challenging woodbois said in april it was undertaking a strategic review of its assets due to the political unrest in the north of the country the headwinds facing the global economy as we enter 2023 reinforce our management teams primary focus on becoming cash flow generative on a consistent and sustainable basis and thence to become dividend paying chief executive paul dolan said shares at 1024 gmt were up 004 pence or 21 at 173 pence