Seaweed Sales Results Sustained Strong Performance

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Stock BPH Global Ltd (BP8.ASX)
Release Time 2 Oct 2025, 9:44 a.m.
Price Sensitive Yes
 Seaweed Sales Results Sustained Strong Performance
Key Points
  • Gross sales of A$222,656 for August 2025 sales period
  • Sales made to wholesale buyers in Indonesia, with international shipments expected
  • Seaweed sourced through partnerships with coastal farming communities in Indonesia
Full Summary

BPH Global Ltd (ASX: BP8) has reported the sales results for the fourth month of trading from its new seaweed sales operations in Indonesia, which commenced in May 2025. The company generated gross sales of approximately A$222,656 during the August 2025 reporting period, based on fulfilled purchase orders with payments pending settlement. This result demonstrates sustained demand for the company's seaweed products, underpinned by strong domestic sales momentum and continuing customer engagement. While marginally lower than the previous reporting period, the performance remains consistent with the company's growth trajectory and reinforces the commercial potential of its Indonesian operations. The sales were made to wholesale buyers in Indonesia, and the company expects additional sales to international customers in upcoming reporting periods, supporting its strategy to access global demand for high-quality seaweed products. Seaweed was sourced through established partnerships with local farming communities in the Nunukan region of Indonesia, ensuring traceability and responsible harvesting practices. The company's operational focus remains on scaling volumes to meet rising demand, progressing international sales opportunities, leveraging its trade financing facility, and finalizing additional offtake discussions. The company's leased 550m² warehouse in Makassar, South Sulawesi, is now fully commissioned and operational, providing the company with the ability to commence independent operations in sourcing, processing, and selling seaweed to third-party customers, while also maintaining its collaboration with PT Kebula Raya Bestari.

Outlook

The company expects trading volumes to continue to increase over the coming months as it continues to expand its operations and partnerships to support growth.