Read the full article on The Market Herald here.
- Weighing technology company Shekel Brainweigh (SBW) has managed to increase its sales and revenue figures over the first quarter of 2021
- Shekel's unaudited results show an 18 per cent increase in revenue and a 33 per cent increase in Israeli sales, when compared to Q1 2020
- Along with these increases, SBW also used the quarter to raise US$7.1 million (around A$9.29 million) via a capital raise and convertible note issue
- Going forward, the weighing tech business has flagged future growth over 2021 in both the scales and retail divisions
Shekel Brainweigh (ASX:SBW) increases sales and revenue over Q1
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