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Pason Systems Announces Mixed 2023 Results

Pason Systems Announces Mixed 2023 Results

Pason Systems (TSE:PSI) has released an update.

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Pason Systems Inc. has released its financial results for the fourth quarter of 2023, revealing a slight 1% dip in total revenue compared to the previous year, but an overall 10% revenue growth for the year. Despite a significant decrease in EBITDA and net income for the quarter, the company is showing positive signs with a 33% hike in its quarterly dividend and robust growth in its Solar and Energy Storage Revenue, which soared by 118% annually.

For further insights into TSE:PSI stock, check out TipRanks’ Stock Analysis page.

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