Progressive Path Group Holdings Reports 25.4% Revenue Increase, 53.4% Rise in Net Profit, EPS Climbs to 8.22 HK Cents for Fiscal Year Ending March 2025

Reuters
27 Jun
Progressive Path Group Holdings Reports 25.4% Revenue Increase, 53.4% Rise in Net Profit, EPS Climbs to 8.22 HK Cents for Fiscal Year Ending March 2025

Progressive Path Group Holdings Ltd. has announced its financial results for the year ended 31 March 2025. The company reported a revenue of approximately HK$913.8 million, marking a significant increase of around 25.4% compared to the HK$728.5 million recorded for the previous year. The company's profit and total comprehensive income for the year stood at HK$34.1 million, an increase from HK$22.2 million in the previous year. Earnings per share rose to 8.22 HK cents from 5.36 HK cents for the year ended 31 March 2024. Despite the positive financial performance, the Board of Directors has decided not to recommend the payment of a final dividend for the year. The reported results reflect the company's enhanced performance in its construction works and machinery rental operations. No specific outlook or guidance for future periods was provided in the announcement.

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