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GenusPlus Secures Lucrative Utility Contracts
Company Announcements

GenusPlus Secures Lucrative Utility Contracts

GenusPlus Group Ltd. (AU:GNP) has released an update.

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GenusPlus Group Ltd, a national provider of essential power and communications infrastructure services, has secured multiple new and extended contracts for asset-upgrade, network maintenance, and pole reinforcement with major utility providers on Australia’s East Coast. The contracts, which include a significant 4-year extension and new awards totaling millions in revenue, reflect the company’s strategic growth following the acquisition of Pole Foundation Australia. These developments are expected to continue the company’s growth trajectory and enhance shareholder returns.

For further insights into AU:GNP stock, check out TipRanks’ Stock Analysis page.

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