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Progressive Path Group Holdings Ltd. ( (HK:1581) ) has provided an announcement.
Progressive Path Group Holdings Limited has issued a positive profit alert, indicating an expected increase in net profit for the year ending March 31, 2025, ranging from approximately HK$32.0 million to HK$35.0 million, compared to HK$22.2 million the previous year. This growth is attributed to an income tax credit and a 25% revenue increase due to new contracts and variation orders. The final results are yet to be audited, and stakeholders are advised to await the official annual results announcement.
More about Progressive Path Group Holdings Ltd.
Progressive Path Group Holdings Limited is a company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange. The company operates in the construction industry, focusing on providing construction services and undertaking various projects. Its market focus includes securing new contracts and expanding existing projects.
Average Trading Volume: 312,190
Technical Sentiment Signal: Sell
Current Market Cap: HK$46.89M
See more insights into 1581 stock on TipRanks’ Stock Analysis page.