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The latest announcement is out from SKS Technologies Group Limited ( (AU:SKS) ).
SKS Technologies Group Limited reported significant financial growth for FY25, driven by its early-entry data center strategy, which now accounts for over half of its revenue. The company’s revenue increased by 92%, with EBITDA and profit before tax soaring by 161.2% and 219.8%, respectively. The company has also expanded its bank facilities and working capital, positioning itself well for continued growth. Additionally, SKS Technologies has opened a new office in Melbourne, enhancing its market presence and operational efficiency.
The most recent analyst rating on (AU:SKS) stock is a Buy with a A$2.91 price target. To see the full list of analyst forecasts on SKS Technologies Group Limited stock, see the AU:SKS Stock Forecast page.
More about SKS Technologies Group Limited
SKS Technologies Group Limited operates in the technology and infrastructure industry, focusing on data center construction and traditional business services. The company has strategically positioned itself in the market by establishing a presence near data center sites and expanding its operational capabilities to support growth.
Average Trading Volume: 247,506
Technical Sentiment Signal: Buy
Current Market Cap: A$310.9M
Learn more about SKS stock on TipRanks’ Stock Analysis page.