BQE Water Reports Increased Recurring Revenues

BQE Water (TSE:BQE) has released an update.

BQE Water Inc. has announced an impressive doubling of its recurring operation revenues in Q1 2024 compared to the previous year, despite a slight decrease in technical services. The company recorded a gross margin increase of 11%, although it reported a higher net loss than in Q1 2023. BQE Water also saw a steady growth in cash reserves, signaling a strong start to the year with strategic expansions in plant operations.

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