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The latest update is out from RLF AgTech Ltd ( (AU:RLF) ).
RLF AgTech Ltd has announced the successful results of its second-year durian trial in Vietnam, demonstrating a 38% increase in yield with minimal cost increase, suggesting a potential 10x return on investment. These results bolster RLF’s confidence in expanding its presence in the region and highlight the effectiveness of its Durian Nutrition Program, which could significantly impact the company’s operations and industry positioning.
The most recent analyst rating on (AU:RLF) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on RLF AgTech Ltd stock, see the AU:RLF Stock Forecast page.
More about RLF AgTech Ltd
RLF AgTech Ltd operates in the agricultural technology industry, focusing on crop nutrition products. The company provides specialized nutrition programs aimed at enhancing crop yield and quality, with a market focus on regions like Vietnam and Australia.
Average Trading Volume: 1,812,377
Technical Sentiment Signal: Buy
Current Market Cap: A$32.79M
Learn more about RLF stock on TipRanks’ Stock Analysis page.