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Keras Resources Reports Growth Amid Challenges

Keras Resources Reports Growth Amid Challenges

Keras Resources (GB:KRS) has released an update.

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Keras Resources PLC reported a successful year in 2023 with a 7.7% increase in sales of organic phosphate products, despite challenges such as a late spring and a landslide affecting their Utah operations. The company solidified its presence in the U.S. organic fertilizer market by completing a joint venture to construct a granulator plant and transitioning to a North American-focused business. They also reported profitable operations of their subsidiary, Falcon Isle Resources, and strategic corporate developments including property acquisitions and agreements with the Republic of Togo.

For further insights into GB:KRS stock, check out TipRanks’ Stock Analysis page.

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