Australian-listed water and wastewater treatment business De.mem Limited (ASX:DEM) recorded a strong result in its December 2019 quarterly activities report. Cash receipts of $3.3 million were received during the period, an increase of 69 per cent on the same quarter in 2018. The company reported a cash balance of $8 million as at 31 December…
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China export specialist JATENERGY (ASX: JAT) generated $700,000 in net cash from the $20.8 million in cash receipts it received in the December quarter of the financial year. The exporter of Australian consumer products, which has now recorded three quarters of positive cash flows, noted a number of major milestones in the quarter. The company:…
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Major South Australian oil and gas companies Santos and Beach Energy have announced the extension of ethane gas supply to Sydney-based Qenos as part of a Cooper Basin joint venture.
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By Professor Heng Wang, Co-Director of the Herbert Smith Freehills China International Business and Economic Law Centre (CIBEL), University of NSW A temporary truce in the ongoing economic conflict between the two largest global economies has been reached with phase one of the new trade deal between China and the US. As a first step, the…
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Boeing has announced a full-year net loss of $US 636 million, its worst-ever result, and that it will cut production of its 787 Dreamliner aircraft from 14 to 10 per month.
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Pharmaceutical company Immuron Inc has announced strong sales growth of its Travelan product for the prevention of travellers’ diarrhoea. The company reported Travelan sales were up in all markets with sales in the first half of the year rising 55 per cent to $1.7 million. Sales growth in Australia where the product is being advertised…
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Medical technology group EMVision Medical Devices (ASX: EMV) has begun clinical trials of its novel stroke detection instrument (pictured). The company announced that it had received the green light for trials which have now begun at the Princess Alexandra Hospital in Brisbane. EMVision CEO Ron Weinberger said: “Taking a prototype of our complexity from the…
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The Western Australian Premier Mark McGowan has announced the design for the new Australind regional express trains (pictured) to be built in the state. The government, which previously announced construction of new suburban rail cars in Perth, will contract the construction of two, three-car sets in a $54 million order. The new Perth-Bunbury trains feature…
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Family-owned vehicle systems business REDARC Electronics has established a dedicated defence business following five years of market research and partner building in the defence sector. Owner of the Adelaide company, Anthony Kittel has established REDARC Defence Systems Pty Ltd to provide build to plan and company developed products to the defence vehicle sector. Established in…
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An annual survey from the Australian Industry Group released today found a low proportion of leaders planning to increase business investment.
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