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Powerpool Mining SL Announces Growth Investments and Dividend

Powerpool Mining SL Announces Growth Investments and Dividend

Harmonychain AS (DE:7EW) has released an update.

Powerpool Mining SL, a subsidiary of Lokotech Group AS, has announced a modest third interim dividend of 35,000 Euros due to software amortization and investment in growth initiatives. These initiatives include obtaining SOC1 and SOC2 certifications, undisclosed projects to attract enterprise operations, and the use of a commission-based agent model in the U.S., with similar approaches being explored in China. Despite these investments, the company’s August 2024 gross revenue has increased by approximately 5.3 times compared to August 2023.

For further insights into DE:7EW stock, check out TipRanks’ Stock Analysis page.

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