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Why Did Rectifier Technologies’ Revenue Plunge 61% Amid EV Market Headwinds?
11:12am on Friday 27th of February, 2026 AEDT
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Manufacturing
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Why Did Rectifier Technologies’ Revenue Plunge 61% Amid EV Market Headwinds?
11:12am on Friday 27th of February, 2026 AEDT
Key Points
61.4% revenue decline to $3.89 million in H1 2026
Loss after tax of $2.35 million compared to prior profit
Cost-cutting reduced employee and raw material expenses
Subsidiary renamed to RT Energy Global Limited reflecting strategic shift
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RECTIFIER TECHNOLOGIES (ASX:RFT)
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