Keong Hong Holdings Limited provided unaudited consolidated financial guidance for the six months ended March 31, 2024. For the period, the company expects to report a net loss. The expected net loss is attributable to loss making pre-pandemic building construction projects due to higher construction costs for materials and labour which are on-going in the current reporting period although the new projects awarded in 2023 have started to report positive profit margins.
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|
5-day change | 1st Jan Change | ||
0.098 SGD | +15.29% |
|
-1.01% | -44.00% |
10/05 | Keong Hong Holdings Limited Reports Earnings Results for the Half Year Ended March 31, 2024 | CI |
07/05 | Singaporean Shares Fall; First Keong Hong Surges 13% | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-44.00% | 14.74M | |
-11.26% | 60.37B | |
+0.02% | 58.53B | |
+14.74% | 37.2B | |
+13.10% | 30.41B | |
+10.42% | 28.4B | |
+15.67% | 20.75B | |
+14.69% | 19.41B | |
+33.62% | 17.22B | |
+66.95% | 17.16B |
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- Keong Hong Holdings Limited Provides Unaudited Consolidated Financial Guidance for the Six Months Ended March 31, 2024