Business
Desert Control Releases Q1 2025 Report and Year-to-Date Company Update
Desert Control AS (DSRT) announces its first quarter report and interim full-year financial results for the fiscal period ending 31 March 2025.
About this update from Desert Control As
[{"type":"text","content":"SANDNES, Norway, May 12, 2025 /PRNewswire/ --Desert Control AS (DSRT) announces its first quarter report and interim full-year financial results for the fiscal period ending 31 March 2025.","length":188,"tagName":"p"},{"type":"text","content":"Q1-2025 Highlights:","length":19,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Desert Control executed the largest application in company history in February. More than nine thousand organic medjool date trees were treated in a commercial phase three project with Oasis Dates US subsidiary, Woodspur Farming.","length":234,"tagName":"p"}]},{"val":[{"type":"text","content":"The pilot at Woodland Hills Country Club concluded in March 2025 - culminating in a multi-year Pay-As-You-Save (PAYS) service agreement, under which WHCC will be able to receive financial incentive coverage from water utilities programs.","length":247,"tagName":"p"}]},{"val":[{"type":"text","content":"The Next-Gen Production System delivered record LNC volumes for Oasis Dates and WHCC (completed in april). The technology team has been completing the building requirements and manufacturing specifications in line with the increased capacity of 120.000 liters per hour.","length":269,"tagName":"p"}]},{"val":[{"type":"text","content":"Two leading Southern California water utilities have authorized financial incentives for customers to adopt LNC as a water conservation tool - potentially unlocking hundreds of thousands of dollars for a typical golf course in the area, serving over 19 million residents.","length":276,"tagName":"p"}]},{"val":[{"type":"text","content":"Our partners in the Middle East, Soyl and Saudi Desert Control, continue to see expansion from pilot stage to stage two deployments across landscaping and golf and continue to discuss significant projects in permanent crops, including trees with the governmental agencies of both countries.","length":290,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":1316,"olType":false},{"type":"text","content":"Financial Highlights:","length":21,"tagName":"p"},{"type":"text","content":"In Q1 Desert Control continued to progress in operational scaling where the company executed its largest commercial LNC application to date. Momentum in licensing activities with our partners in the Middle East also remained positive, altho...