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Harris Technology Group Limited (ASX:HT8)

ALERT: Price-sensitive ASX Announcement for HT8
Current share price for HT8 : $0.023 0 (0%)+
Announcement
Release
6 Aug 2026 12:19PM
Price at Release
$0.023
Full Release
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Summary
Harris Technology Group Limited announced that its Refurbished Technology division surpassed $1 million in monthly sales for the first time in July 2026, marking a significant milestone following strategic investments over two years. The refurbished technology has become the company's largest revenue and earnings driver, with sales nearly doubling from the previous year. Harris Technology plans to capitalize on the growing demand for refurbished tech, emphasizing quality and value to strengthen its market position. This achievement aligns with their strategic objective of becoming Australia's leading online retailer of refurbished technology products.
Key Points
  • Refurbished Technology division exceeds $1.0 million in monthly sales for the first time during July 2026.
  • The refurbished technology category has become Harris Technology's largest revenue contributor and earnings driver.
  • Monthly sales increased from approximately $530,000 in July 2025 to more than $1.0 million in July 2026, representing 89.4% year-on-year growth.
  • Harris Technology has enhanced its refurbishment capability, supplier network, and product range since entering the market in December 2023.
  • The company anticipates continued growth in the refurbished technology sector.
  • CEO Garrison Huang emphasizes the milestone as a strategic validation and a step towards leading in the refurbished technology market.
  • Investors are encouraged to subscribe to Harris Technology's mailing list for updates.
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.