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LPE Forecasts Major Profit Rebound in FY24
Company Announcements

LPE Forecasts Major Profit Rebound in FY24

Locality Planning Energy Holdings Limited (AU:LPE) has released an update.

Locality Planning Energy Holdings Limited (LPE) has announced a significant turnaround, projecting a net profit of $1.95m to $2.0m for FY24, up from a net loss of $12m the previous year. The company attributes this positive shift to new revenue opportunities, cost savings, and a focused business approach, underpinned by a dedicated and professional workforce. LPE continues to innovate in the strata electricity market, offering renewable solutions and no-cost energy-saving options to Queensland communities.

For further insights into AU:LPE stock, check out TipRanks’ Stock Analysis page.

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