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An announcement from Energy Technologies Limited ( (AU:EGY) ) is now available.
Energy Technologies Limited reported a consolidated net loss of $4.98 million for the first half of FY25, showing a slight improvement from the previous year’s loss. Despite challenges, the company made significant strides in its renewables division, secured a distribution agreement with Tratos Group, and won a tender with Siemens Mobility, adding $0.86 million to its order book. The company is actively seeking funding to support its growth and capitalize on secured sales.
More about Energy Technologies Limited
Energy Technologies Limited specializes in providing high-quality electrical cables for Low Voltage, Medium Voltage, and High Voltage markets. Their products cater to diverse industries, with a focus on Infrastructure, Renewables, Defence, and Mining sectors.
YTD Price Performance: -20.0%
Average Trading Volume: 83,057
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$14.28M
For a thorough assessment of EGY stock, go to TipRanks’ Stock Analysis page.