The recent H1 trading update from CAP-XX Ltd (CPX.L), the leading designer and manufacturer of supercapacitors and energy management systems, reflected a disappointing slowing in business with H1 revenue down 34% to A$1.6m and product sales down 40%. This has been attributed to a combination of market influences that include: industry wide supply chain bottlenecks, especially in China; a global shortage of integrated circuits that is impacting customer order volumes; and general pessimism over t ....

31 Jan 2023
CAP-XX Update

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CAP-XX Update
CAP-XX Limited (CPX:LON) | 1.6 0 (-3.0%) | Mkt Cap: 8.29m
- Published:
31 Jan 2023 -
Author:
David Johnson -
Pages:
2 -
The recent H1 trading update from CAP-XX Ltd (CPX.L), the leading designer and manufacturer of supercapacitors and energy management systems, reflected a disappointing slowing in business with H1 revenue down 34% to A$1.6m and product sales down 40%. This has been attributed to a combination of market influences that include: industry wide supply chain bottlenecks, especially in China; a global shortage of integrated circuits that is impacting customer order volumes; and general pessimism over t ....