Clean TeQ Water Ltd ( (AU:CNQ) ) just unveiled an announcement.
Clean TeQ Water Limited announced its half-year financial results, highlighting strategic efforts to secure high-value projects and expand its technological offerings. Despite facing delays in project timelines, the company successfully secured an $11 million contract and completed several project phases, positioning itself for growth. Key operational achievements include delivering technologies for water treatment and metal recovery, with significant projects underway in Australia, Ireland, and Belgium. The company reported a loss after tax due to project timing and market conditions but remains optimistic about future financial performance, supported by a strong pipeline of opportunities and strategic partnerships.
More about Clean TeQ Water Ltd
Clean TeQ Water Limited operates in the environmental technology industry, focusing on providing sustainable solutions for freshwater scarcity, mine tailings, and metal recovery. The company is known for its innovative technologies such as CLEAN-IX®, DESALX®, and PHOSPHIX®, and is expanding its market presence in regions like Ireland, the UK, and South Africa.
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Average Trading Volume: 30,455
Technical Sentiment Consensus Rating: Buy
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