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Graphjet Technology C.GTI


Primary Symbol: GTI

Graphjet Technology, formerly Energem Corp., is a developer of patented technologies to produce graphite and graphene directly from agricultural waste. The Company is a global supplier of sustainable low-cost graphene, graphite, and graphene-based anode materials. It focuses on leveraging patented technology that recycles palm kernel shells from palm oil production to produce single layer graphene and artificial graphite for electric vehicle (EV) batteries, medical devices, and home appliances.


NDAQ:GTI - Post by User

Bullboard Posts
Comment by _mvmon Aug 13, 2004 12:42am
117 Views
Post# 7807168

RE: Here are your Quarterly figures...

RE: Here are your Quarterly figures...You read a different release then I did. In the release I read gross revenue is up 220,000 over the 3 months - not 2.2 Million. Over the 9 month period it actually went down. 9 month profit went from 9,479 to 33,702 and although that technically is indeed 300% the reality is that they broke even both periods. Making 33K on 2.2 million in revenue does not really register as making a profit. Using your logic you would also have to say that in the 3 months that just passed they actually lost 700% more then in the same period last year. (they lost 108,026 in the last 3 months versus 15,766 in the same period last year) Spin it anyway you want but I doubt the market will agree with you.
Bullboard Posts