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BPH Global Ltd (ASX:BP8)

ALERT: Price-sensitive ASX Announcement for BP8
Current share price for BP8 : $0.002 0 (0%)+
Announcement
Release
31 Jul 2026 3:20PM
Price at Release
$0.002
Full Release
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Summary
BPH Global Ltd (ASX: BP8) reported on its quarterly activities and cash flow for the period ended 30 June 2026. The company continued to grow its Indonesian seaweed trading platform, achieving aggregate gross sales of approximately A$3.33 million in the first year of operations. The company expanded its cultivation capacity through a lease in Takalar Regency, South Sulawesi, and entered into a research partnership with the Maritime Institute of Technology and Business. BPH is also advancing several research and development projects, including a men's vitality nutraceutical and a fucoidan-based anti-ageing supplement. Financially, the company reported a net cash outflow of A$468,000 from operating activities for the quarter, ending with A$253,000 in cash and cash equivalents.
Key Points
  • Continued growth of Indonesian seaweed trading with A$3.33 million sales.
  • Lease secured for a new coastal site in Takalar Regency, expanding cultivation capacity.
  • Research partnership with Maritime Institute for new site development.
  • Advancement of R&D projects like Project Giddy-Up and fucoidan-based supplements.
  • Net cash outflow of A$468,000 from operating activities.
  • Quarter-end cash balance of A$253,000.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.