Pioneer Credit Ltd (AU:PNC) has released an update.
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Pioneer Credit Ltd is celebrating a key milestone in its financial journey, having successfully refinanced its senior debt facilities at a lower margin, which positions the company for long-term profitable growth. The company is focused on reaching an NPAT of at least $9 million for FY25, with ambitions to double this figure by FY26, emphasizing a lean board structure to streamline operations. This strategic approach aims to maximize shareholder value and ensure sustained profitability.
For further insights into AU:PNC stock, check out TipRanks’ Stock Analysis page.