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Plover Bay Technologies Reports Strong Annual Results with Increased Revenue and Profit

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Plover Bay Technologies Reports Strong Annual Results with Increased Revenue and Profit

Plover Bay Technologies Ltd. ( (HK:1523) ) just unveiled an update.

Plover Bay Technologies Ltd. announced its annual results for the year ended December 31, 2024, reporting a significant revenue increase of approximately 23.9% to US$116.79 million compared to the previous year. The company’s profit attributable to owners rose by 35.4% to US$38.05 million, and diluted earnings per share increased by 35.3%. The Board declared a second interim dividend and a special dividend, reflecting the company’s strong financial performance and commitment to delivering value to shareholders.

More about Plover Bay Technologies Ltd.

Plover Bay Technologies Ltd. is a company incorporated in the Cayman Islands, operating within the technology sector. The company focuses on providing innovative solutions and services, with a strong emphasis on enhancing connectivity and network efficiency.

YTD Price Performance: 19.15%

Average Trading Volume: 784,307

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$5.9B

See more insights into 1523 stock on TipRanks’ Stock Analysis page.

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