Sprintex Limited (AU:SIX) has released an update.
Sprintex Limited has reported significant progress with plans to quadruple its $24.55 million market cap within a year, fueled by a $3.6 million funding increase for mass production and facility upgrades. The company is expanding its market presence through strategic partnerships and certifications, including a distribution deal in Türkiye and a CE Mark for their G-Series Turbo Blowers, indicating a potential surge in European sales. With a focus on sustainability and efficiency, the firm is set to transform into a mass production entity with promising prospects for revenue growth and shareholder value.
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