Advanced Braking Technology Limited (AU:ABV) has released an update.
Advanced Braking Technology Ltd reported strong unaudited financial results for Q4 FY24, with a 24% increase in quarterly product sales and a year-to-date net profit after tax up by 10.6% compared to the previous year. The company also launched its new Failsafe Sealed Integrated Brake System for the Toyota Hilux, promising significant cost savings and safety enhancements in mine operations. As the market for mine safety technology grows, ABT continues to innovate, linking failsafe brake systems with emerging collision avoidance technology.
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