Ann: Market Update, page-6

Until we see the HY1 results we won't fully know the whole picture....
jimo.......seem to recall inventories were run down during the height( hiatus ) of CV19
...requiring RFT to restock in the current half thus affecting bottom line ...imo

anyway ...some news released re RT22 50kW


https://www.rectifiertechnologies.com/rt22-50kw-charger-module-news-release/?fbclid=IwAR24n65Ifo8dHbEDQZKYfKicI_GIq756Ui_y0AwuHm-2bRNE6eAl9Ma95-o

note......
Network operators are facing increased difficulty installing high-powered chargers without expensive network upgrades because they draw large amounts of power that can result in unwanted voltage fluctuations. Grid operators can now regulate grid voltage levels with RT22’s in-built reactive power control.

CY20 was a difficult year to navigate for all ...RFT managed to almost make a 1M net profit
and the journey is progressing....RFT still expecting sales to increase...glta