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Progressive Path Group Sees Profits Surge Amid Construction Boom

Progressive Path Group Sees Profits Surge Amid Construction Boom

Progressive Path Group Holdings Ltd. (HK:1581) has released an update.

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Progressive Path Group Holdings Ltd. has announced a significant profit increase for the six months ending September 2024, with expected profits rising to HK$11.0-13.0 million compared to HK$3.0 million in the same period last year. This boost is primarily due to a substantial rise in revenue, driven by increased construction works, notably those related to the three-runway system. Investors are advised to await the detailed interim results expected on November 28, 2024.

For further insights into HK:1581 stock, check out TipRanks’ Stock Analysis page.

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