Canadian company Plaintree Systems Inc. reports $24.2M revenue increase, net profit of $1.07M in fiscal year ending Mar 31, 2024.
Canadian company Plaintree Systems Inc. reported a $24.2M revenue increase in its fiscal year ending Mar 31, 2024, with a net profit of $1.07M compared to a loss of $1.94M in the previous year. Gross margins improved despite increased engineering and design costs, attributed to the company's diversified product lines in Specialty Structures and Applied Electronics. Shares listed on the Canadian Securities Exchange under the symbol 'NPT'.
July 30, 2024
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