Pangaea Connectivity Technology Limited (HK:1473) has released an update.
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Pangaea Connectivity Technology Limited has announced a significant revenue increase, nearly doubling in the second quarter of 2024 compared to the previous year, with profits also turning positive. This growth is largely due to a surge in sales of Artificial Intelligence (AI) products and investments in AI technologies. The company anticipates the upward trend to continue and projects further revenue growth and profitability in the upcoming third quarter.
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