bullish
X2M Connect Ltd - China Contract Adds to H2 Progress
SUMMARY
- X2M Connect Ltd (ASX:X2M) has developed and is commercialising a patented proprietary Internet of Things (IoT) solution predominantly focused on the utilities sector across the Asia Pacific region, converting legacy meters into smart meters.
- The company has announced it has secured $1.8m in hardware water quality sensor sales in China with three new contracts.
- The contracts bring the contribution from China to $3.4m this financial year to date which exceeds the revenue generated from China in FY22.
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- X2M Connect Ltd - China Contract Adds to H2 Progress07 Apr 2023
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