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Rectifier Technologies Ltd ( (AU:RFT) ) has shared an announcement.
Rectifier Technologies Ltd reported a significant financial turnaround for the half-year ending December 31, 2024, with revenues increasing by 39.3% to $10,078,355 and a profit after tax of $882,868, marking a 141.9% rise from the previous period’s loss. This financial improvement highlights the company’s strengthened market position and operational efficiency, although no dividends were declared during this period.
More about Rectifier Technologies Ltd
Rectifier Technologies Ltd operates in the technology sector, focusing on the development and production of power conversion equipment. The company is known for its advanced rectifier systems and solutions, catering primarily to industries requiring efficient power management.
Average Trading Volume: 382,401
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$8.3M
Learn more about RFT stock on TipRanks’ Stock Analysis page.