Graphjet Technology Shares Surge 36% After Hours: Here's What You Need to Know
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 19 2025
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Source: Benzinga
Stock Surge: Graphjet Technology Inc. (GTI) saw a 36.61% increase in after-hours trading, rising from $0.092 to $0.13, despite a slight dip during regular trading hours.
Share Consolidation Plan: The company announced a 1-for-60 share consolidation approved by shareholders to meet NASDAQ's minimum bid requirement of $1.00, effective August 25.
Financial Improvement: GTI reported a significant reduction in net loss for Q1, decreasing by 96% to $577,023 compared to the previous year, attributed to lower administrative expenses.
Technology and Market Focus: Operating as a pre-revenue company, Graphjet utilizes patented technology to produce graphene from palm kernel shells, targeting high-growth sectors like electric vehicles and energy storage.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
