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Hydration Pharmaceuticals Co. Ltd. ( (AU:HPC) ) has issued an update.
Hydralyte USA reported an 8.5% increase in quarterly net sales, reaching US$781,825, and improved its EBITDA loss, reflecting a disciplined approach to business operations. The company is set to launch new products in the brain and gut health segments, which are expected to enhance its sales momentum during the peak summer period, supported by a robust cash position and reduced operating costs.
More about Hydration Pharmaceuticals Co. Ltd.
Hydration Pharmaceuticals Co. Ltd., trading as Hydralyte USA, operates in the hydration solutions industry, focusing on health and wellness products. The company is expanding its product line to include items targeting brain and gut health, alongside its existing high-margin Liver Detox product, aiming to capture a larger share of the Better-For-You market segment.
Average Trading Volume: 711,193
Technical Sentiment Signal: Sell
Current Market Cap: A$6.03M
For a thorough assessment of HPC stock, go to TipRanks’ Stock Analysis page.