Volt Power Group Reports Revenue Growth and Expansion

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

Volt Power Group Ltd reported a slight increase in quarterly revenue, with a record $0.93 million in Q1 FY24, up from $0.92 million in Q1 FY23. The company’s subsidiary, EcoQuip, saw a 61% surge in revenue, offsetting a decline from Wescone due to customer payment terms. Significant developments include EcoQuip’s expansion at the Chevron Gorgon project and promising US market trials, plus ongoing R&D to boost competitive advantage across the group.

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