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Bio Green Med reports Q3 revenue growth in fire safety, narrows net loss, and plans shareholder vote on business deal

Company Fundamentals
12 Nov 2026, 23:15 WIB
GlobeNewsWire
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Bullish
Bio Green Med reports Q3 revenue growth in fire safety, narrows net loss, and plans shareholder vote on business deal

Bio Green Med Solution, Inc. reported a significant increase in third-quarter product revenue from its fire safety business to $454,000, up from $81,000 the previous year, with a gross margin of 25%. The company narrowed its net loss to $0.4 million from $1.0 million year-over-year and reduced administrative expenses by 37%. It holds $3.5 million in cash and plans a shareholder meeting in November to approve a business combination with Future NRG Sdn. Bhd. The company aims to focus on growth in Malaysia's fire safety market while completing this strategic business deal.

Bio Green Med Solution's third-quarter financial results provide context for readers following industrials. For readers following Industrials, here is Pluang's market snapshot as of Nov 13, 2026 04:11 WIB: Of 135 priced Industrials-sector US stocks tradable on Pluang, 34 rose and 101 fell today. Byrna Technologies Inc (BYRN) was priced at USD 3.89 with a 1-day change of -6.71%, FuelCell Energy Inc (FCEL) at USD 10.25 with a 1-day change of -6.37%, and JetBlue Airways Corporation (JBLU) at USD 3.78 with a 1-day change of -5.97%.

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