An update from GenusPlus Group Ltd. ( (AU:GNP) ) is now available.
GenusPlus Group Ltd reported a substantial financial performance improvement for the first half of FY2025, with a 33% increase in revenue to $333 million and a 51.4% rise in net profit after tax to $13.7 million. The company is strengthening its market position with strategic acquisitions like CommTel and Partum Engineering, which are enhancing its service offerings and expanding its customer base across Australia. The orderbook has grown significantly, driven by investments in renewable energy projects and infrastructure, underscoring GenusPlus’s pivotal role in Australia’s clean energy transition.
More about GenusPlus Group Ltd.
GenusPlus Group Ltd is a national provider of essential power and communications infrastructure, focusing on expanding its services across Australia. The company specializes in the design and construction of distribution, transmission powerlines, electrical distribution systems, and substations, while also diversifying its communications offerings through strategic acquisitions.
YTD Price Performance: 10.69%
Average Trading Volume: 196,328
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$522.5M
Learn more about GNP stock on TipRanks’ Stock Analysis page.