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The latest announcement is out from Stemcell United Ltd. ( (AU:BP8) ).
BPH Global reported gross sales of IDR 4.22 billion (about A$369,737) for its eleventh trading period from 15 March to 14 April 2026, a 68.1% increase month on month. This lifted aggregate gross sales over its first eleven months of operations to approximately A$2.94 million, underscoring a continuing growth trajectory for its Indonesian seaweed trading platform.
The rebound in sales reflects improved weather in Makassar as the wet season ends, leading to better harvest volumes, quality, and availability. With Ramadan-related disruptions also behind it and demand remaining stable across domestic and export channels, the company says it is well positioned to lift purchasing, expand independent trading volumes, and deepen farmer relationships as dry season conditions take hold.
More about Stemcell United Ltd.
BPH Global Ltd is an ASX-listed company operating an Indonesian seaweed trading platform based in Makassar. The business focuses on sourcing seaweed from local farmer networks and supplying both domestic and export markets, with an emphasis on strengthening long-term partnerships and improving procurement consistency as seasonal conditions stabilise.
Current Market Cap: A$4.71M
See more insights into BP8 stock on TipRanks’ Stock Analysis page.