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Active financial year sees Ocean Power Technologies’ up 26 per cent on widened losses

13 Jul 2010

Listed wave energy technology developer Ocean Power Technologies (OPT) saw its revenue grow 26 per cent in fiscal 2010 to $5.1m compared to $4m for fiscal 2009. However, increased financial activity was coupled with an increase in net loss to $19.2m compared to $18.3m the previous year.

 

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