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Fiji Kava Limited ( (AU:CCO) ) just unveiled an update.
The Calmer Co. International Limited, operating in the consumer goods industry, has reported a significant growth in its sales figures, achieving $4.4 million in sales for the first half of FY25, surpassing its entire sales for FY24. The company has been focusing on expanding its distribution through retail chains such as Coles, alongside its eCommerce platforms, to optimize profit margins and reach a balanced growth strategy. The company has also been investing in inventory and factory upgrades to ensure continuous supply and is preparing to launch new products in the USA market. Key changes in management include the appointment of a new CEO, and recruitment efforts are underway to strengthen their sales and marketing team in both the USA and Australia.
More about Fiji Kava Limited
Average Trading Volume: 17,774,369
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$15.25M
For a thorough assessment of CCO stock, go to TipRanks’ Stock Analysis page.
