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Holista Colltech Limited ( (AU:HCT) ) has provided an announcement.
Holista Colltech Limited reported stable customer receipts of $1.65 million for the quarter, with significant growth in its Dietary Supplements Division, which saw a 38% increase in sales. The company is advancing its collagen business and has made strategic leadership appointments, including a new CEO, to enhance its operations and market positioning. Financially, Holista has improved its operating cash outflows and maintains a cash balance supported by reliable monthly receipts, ensuring funding availability for future growth initiatives.
More about Holista Colltech Limited
Holista Colltech Limited operates in the health and wellness industry, focusing on dietary supplements and collagen products. The company is known for its innovative approaches in nano-collagen production for advanced medical applications and has a strong market presence in the dietary supplements sector.
Average Trading Volume: 274,224
Technical Sentiment Signal: Buy
Current Market Cap: A$23.79M
See more insights into HCT stock on TipRanks’ Stock Analysis page.