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SKS Technologies Announces Soaring FY24 Profits

SKS Technologies Announces Soaring FY24 Profits

SKS Technologies Group Limited (AU:SKS) has released an update.

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SKS Technologies Group Limited has reported a striking 64% increase in revenue to $136.3 million and a significant 948% surge in profit after tax to $6.6 million for FY24, compared to the previous year. The company’s net tangible assets per share also soared by 330%, with a noteworthy improvement in operating cash flow per share by 178%. Despite these robust financial figures, the firm maintained a conservative dividend policy, declaring a final dividend of 1.0 cent per share, fully franked.

For further insights into AU:SKS stock, check out TipRanks’ Stock Analysis page.

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