CAP-XX CEO Kongats comments on 'transformational year'


(MENAFN- ProactiveInvestors)Anthony Kongats chief executive of CAP-XX (LON:CPX) explains why he feels the last twelve months have been transformational for the business. CAP-XX makes super-capacitors which extend battery run-time and enable ultra-quick charging times for mobile phones vehicles and medical devises. Today the Australia-based firm told investors it had reduced losses and boosted sales in the year to June 30 as the roll-out of its Thinline range of super-capacitors gathered pace. Sales rose 10% to A$4.4mln from A$4mln the previous year as losses narrowed to A$1.8mln from A$2.5mln.


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