Titan Logix (TSE:TLA) has released an update.
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Titan Logix Corp. has reported a 15% increase in revenues for the second quarter of fiscal 2024, although gross profits have dipped due to rising manufacturing costs. The company is actively pursuing growth in the fuels market, with pilot trials and new software applications like T-Connect to broaden their market presence. Despite higher research and development costs leading to a short-term net loss, Titan Logix is focused on long-term strategies to penetrate new market segments and develop innovative products.
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