Quadrise Fuels International (GB:QED) has released an update.
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Quadrise Fuels International reports a year of incremental progress, with key developments in marine, Moroccan, and Utah projects aimed at advancing MSAR® and bioMSAR™ fuels. Despite some delays, the company is optimistic about its role in the global shift from fossil fuels, highlighted by trials and commercial discussions. Financially, Quadrise closed the year with a slight reduction in loss after tax, an increase in total assets, and higher cash balances, positioning the company for future growth.
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