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Stemcell United Ltd. ( (AU:BP8) ) just unveiled an update.
Stemcell United Ltd. reported a 17.7% increase in revenue for its Indonesian seaweed sales operations, reaching A$177,316 for the June sales period. This growth reflects strong domestic demand and the potential for international market expansion, supported by sustainable sourcing practices and ongoing negotiations for trade financing and offtake agreements.
More about Stemcell United Ltd.
Stemcell United Ltd. operates in the seaweed industry, focusing on sourcing, processing, and exporting sustainably harvested seaweed. The company collaborates with local farming communities in Indonesia to ensure sustainable practices and community engagement.
Current Market Cap: A$2.1M
Learn more about BP8 stock on TipRanks’ Stock Analysis page.