ECL reports 429% increase in nine-month net profit
Coleeann Hutchinson2023-04-11T12:39:26-05:00April 11, 2023 Revenue increased 58% to US$15.15 million (2022: US$9.61 million). For the quarter, revenue increased 73% to US$6.04 million (2022: US$3.48 million). Management noted that this is the highest quarterly revenue recorded since inception. Cost of sales (COS) increased 61% to US$5.26 million (2022: US$3.28 million). Consequently, gross profit increased 56% to