TruScreen Group Ltd. (AU:TRU) has released an update.
TruScreen Group Limited reports a 27% increase in annual revenue to $2.1 million, driven by a 45% growth in the Chinese market and expansion into new territories like Saudi Arabia and Vietnam. Despite the revenue jump, the company experienced a net loss, which improved by 15%, while gross margin saw a year-over-year increase from 27.6% to 32.7%. The company also highlighted the successful capital raise and the strategic appointment of a new CEO.
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