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XRF Scientific Limited ( (AU:XRF) ) has issued an update.
XRF Scientific Limited reported a record half-year financial performance with revenues reaching $28.7 million and a 13% increase in profit before tax to $7.0 million. The mining industry was a significant growth driver, with international sales expanding across various regions. The Consumables division excelled with a record profit, while the Precious Metals division saw consistent orders due to increased sample testing. The Capital Equipment division also performed well, supported by expanded sales distribution and successful integration of Labfit. The company’s strategic focus on cross-selling and operational efficiency has positioned it strongly in its industry.
More about XRF Scientific Limited
XRF Scientific Limited is an Australian listed company based in Perth, Western Australia. It specializes in manufacturing equipment and chemicals used in sample preparation for analysis in industries such as metals and mining, construction materials, and chemicals. The company has a global presence with manufacturing, sales, and support facilities in Australia, Europe, and Canada, and serves multinational blue-chip companies.
YTD Price Performance: -3.33%
Average Trading Volume: 236,633
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$264.8M
For detailed information about XRF stock, go to TipRanks’ Stock Analysis page.
