hipages Group Holdings Ltd. (AU:HPG) has released an update.
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hipages Group Holdings Ltd. reported a significant improvement in their financials for the year ended June 30, 2024, with a 13% increase in total revenue and a notable turnaround from a net loss to a net profit, reflecting more than a 100% change. Despite the growth, the company will not be paying a dividend for the year. The positive results were partly due to the disposal of an equity-accounted investment, PropTech Labs, which contributed a non-recurring gain of $3.079 million.
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