Advanced Braking Technology (ASX:ABV) said the firm's product sales revenue came in at $4.7 million for the March quarter, rising 31% from the prior corresponding period, according to a Wednesday Australasian bourse filing.
It saw strong demand across its key product lines and successful penetration into new and existing export markets, the filing said.
It reported that its strong results benefited from a focus on key export markets, including Indonesia, Mongolia, Canada, Tanzania, Ivory Coast, Netherlands, and Papua New Guinea, per the filing.
Price (AUD): $0.08, Change: $+0.0010, Percent Change: +1.33%
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