Ambertech Limited: Revenue Up Amidst Profit Dip

Ambertech Limited (AU:AMO) has released an update.

Ambertech Limited has reported a 13.4% revenue increase to $95.5 million for the 2024 financial year, despite a 29.4% decline in Net Profit After Tax to $1.36 million, attributed to delayed projects and economic conditions. The company has made significant investments in its growth strategy, focusing on expanding its dealer network and brand development, which have led to increased costs across employment, marketing, travel, and distribution.

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