Zoono Group Limited (AU:ZNO) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Zoono Group Limited has announced a promising quarterly update with significant progress in shelf-life extension technology, marked by five new trials and strong interest from global supermarket and packaging companies. The company has also made strides in China, securing agreements with a major agricultural wholesaler and a disposable tableware supplier, while appointing an experienced new sales agent to target the food shelf-life extension market. Additionally, Zoono has established a subsidiary in India, initiating sales in the agriculture sector, and completed a rights issue to fund its ongoing projects and expand geographically.
For further insights into AU:ZNO stock, check out TipRanks’ Stock Analysis page.