Carbonxt Group Limited provided revenue guidance for the fiscal year 2020. Further optimisation of product formulas and processes at production facilities is expected to increase gross margins across the Group and it is expected that the next financial year will result in increases in sales, gross margins and cash flow. The Company expects further revenue growth in FY20 through significant demand for the Company's AC pellets for industrial pollutant removal, as well as continued expansion in the MATS, cement and other activated carbon segments.