XRF Scientific Reports Strong Quarterly Growth

XRF Scientific Limited (AU:XRF) has released an update.

XRF Scientific Limited reported a strong March 2024 quarter, with revenues rising to $15.2 million, up 13% from the previous year, and profit before tax increasing by 15% to $3.2 million. The company saw robust sales across all divisions, particularly in the mining industry which remains the key activity driver. Looking ahead, XRF expects a highly positive June 2024 quarter and is focusing on new product developments, international sales growth, and merger and acquisition opportunities.

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