PLOVER BAY TECH announced its interim results, with a net profit of approximately USD 21.665 million, an increase of about 13.4% year-on-year, and a dividend of 12.34 Hong Kong cents per share
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PLOVER BAY TECH announced its mid-term results for 2025, with revenue of approximately USD 62.943 million, a year-on-year increase of 9.9%; net profit of approximately USD 21.665 million, a year-on-year increase of 13.4%. Basic earnings per share were approximately 1.96 cents, with an interim dividend of 12.34 Hong Kong cents per share. Sales growth was mainly driven by the performance of 5G products, although some growth was offset by the strong momentum of the Peplink-Starlink collaboration plan. During the period, recurring sales increased by 12.5% year-on-year, indicating strong potential for future revenue pipelines
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