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SKS Technologies Reports Strong Financial Growth and Data Center Expansion

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SKS Technologies Reports Strong Financial Growth and Data Center Expansion

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SKS Technologies Group Limited ( (AU:SKS) ) has shared an announcement.

SKS Technologies Group Limited has reported another successful financial year, with significant increases in earnings and a reinforced operational platform. The company has seen substantial growth in its data center revenue, which rose from zero in FY23 to $140 million in FY25, driven by cloud migration and advancements in AI. This growth positions SKS Technologies as a significant player in the expanding data center market in Australia.

The most recent analyst rating on (AU:SKS) stock is a Hold with a A$3.50 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 sector, focusing on data centers and traditional market sectors. The company is involved in providing technology solutions and has been expanding its operations across various state-based markets in Australia.

Average Trading Volume: 482,601

Technical Sentiment Signal: Buy

Current Market Cap: A$372.8M

See more data about SKS stock on TipRanks’ Stock Analysis page.

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