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Carbonxt Group Ltd. ( (AU:CG1) ) has provided an update.
Carbonxt Group Ltd. has reported significant progress in FY25, with a 7.1% increase in revenue and improved gross margins. The company is poised for growth with the upcoming commissioning of its Kentucky facility, which will expand production capacity by 200% and enter the liquid-phase activated carbon market. This expansion, coupled with favorable regulatory changes in the U.S., positions Carbonxt to capture a larger market share and enhance shareholder value.
More about Carbonxt Group Ltd.
Carbonxt Group Ltd. operates in the activated carbon industry, focusing on products such as Powdered Activated Carbon (PAC) and Activated Carbon Pellets (ACP). The company is strategically positioned to benefit from regulatory changes and increasing demand in the U.S., particularly in the PFAS treatment segment.
Average Trading Volume: 159,447
Technical Sentiment Signal: Buy
Current Market Cap: A$40.11M
For a thorough assessment of CG1 stock, go to TipRanks’ Stock Analysis page.