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Volt Power Group Reports Record Q2 Growth

Volt Power Group Reports Record Q2 Growth

Volt Power Group Ltd (AU:VPR) has released an update.

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Volt Power Group Ltd has reported a record-breaking second quarter with a 75% increase in ordinary revenue receipts to $2.0 million and a 200% surge in net cash from operating activities. Growth was driven by significant deployments of EcoQuip’s Mobile Solar Light Towers, including a contract with Chevron and an ‘evergreen’ plant hire contract with Thiess Pty Ltd. The company is also promoting its ATEN Waste Heat to Power technology, positioning it as a zero-emission, cost-effective alternative for base load electricity generation.

For further insights into AU:VPR stock, check out TipRanks’ Stock Analysis page.

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