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Oakridge International Reports Strong Quarter

Oakridge International Reports Strong Quarter

Oakridge Internatinal Ltd (AU:OAK) has released an update.

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Oakridge International Ltd, an Australian IoT and healthcare technology company, has reported a productive quarter with a focus on enhancing healthcare sales, seeking acquisitions and new sales partners, and receiving significant payments from the Sokoria Geothermal project. The company also raised $500,000 through a share and options agreement and is exploring diversification into emerging technology sectors while reinforcing its commitment to IoT and healthcare. JCT, Oakridge’s subsidiary, has seen busy times with new projects, improved marketing and product innovations, aiming for strategic price adjustments and partner agreement updates in the coming quarter.

For further insights into AU:OAK stock, check out TipRanks’ Stock Analysis page.

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