In the Q4, Verde Resources Inc 's corporate clients experienced a decline by -11.48 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -1.45 %. During the corresponding time, Verde Resources Inc saw a revenue deteriorated by -99.53 % year on year, sequentially revenue fell by -100 %. While revenue at the Verde Resources Inc 's corporate clients fell by -0.49 % year on year, sequentially revenue grew by 3.59 %.
Customers of Verde Resources Inc saw their costs of revenue decline by -11.48 % in Q4 compare to a year ago, sequentially costs of revenue were trimmed by -1.45 %, for the same period Verde Resources Inc revnue deteriorated by -99.53 % year on year, sequentially revenue fell by -100 %.
Verde Resources Inc's Comment on Sales, Marketing and Customers
The company operates in the carbon sequestering infrastructure sector, focusing on its BioAsphalt™ technology. It has a supply agreement with Biochar Solutions LLC (BSL) for engineered biochar and collaborates with Isometric on carbon removal certification and commercialization. The company has a Memorandum of Understanding with Highway International Pte. Ltd., a Singapore-based asphalt and road infrastructure firm, to deploy and commercialize its technology in Singapore. Its target markets include Singapore and Southeast Asia, with a pilot project underway with Singapore's Land Transport Authority (LTA). The company also works with global sustainability consulting firms such as WAP Sustainability for Life Cycle Assessments. Other customers and partners mentioned in filings include BRL, CSB, Dutchess Group LLC, EMGTA LLC, Ergon, Jusra Mining Merapoh Sdn Bhd, NCAT, Verde Resources Asia Pacific Pte. Ltd., and VRAP. The company’s market segments encompass road infrastructure and carbon removal certification and commercialization.
Verde Resources Inc’s Comment on Sales, Marketing and Customers
The company operates in the carbon sequestering infrastructure sector, focusing on its BioAsphalt™ technology. It has a supply agreement with Biochar Solutions LLC (BSL) for engineered biochar and collaborates with Isometric on carbon removal certification and commercialization. The company has a Memorandum of Understanding with Highway International Pte. Ltd., a Singapore-based asphalt and road infrastructure firm, to deploy and commercialize its technology in Singapore. Its target markets include Singapore and Southeast Asia, with a pilot project underway with Singapore's Land Transport Authority (LTA). The company also works with global sustainability consulting firms such as WAP Sustainability for Life Cycle Assessments. Other customers and partners mentioned in filings include BRL, CSB, Dutchess Group LLC, EMGTA LLC, Ergon, Jusra Mining Merapoh Sdn Bhd, NCAT, Verde Resources Asia Pacific Pte. Ltd., and VRAP. The company’s market segments encompass road infrastructure and carbon removal certification and commercialization.
Sources:
Verde Resources Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Verde Resources Inc’s corporate clients.
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