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AB Builders Group Limited Reports Strong Financial Turnaround in 2024

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AB Builders Group Limited Reports Strong Financial Turnaround in 2024

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AB Builders Group Limited ( (HK:1615) ) has issued an announcement.

AB Builders Group Limited announced its audited annual results for the year ended 31 December 2024, reporting a significant increase in revenue to MOP 182,030,000 from MOP 140,580,000 in 2023. The company achieved a gross profit of MOP 26,903,000, up from MOP 8,092,000 the previous year, and a profit of MOP 7,418,000 compared to a loss in 2023, indicating a positive turnaround in financial performance.

More about AB Builders Group Limited

AB Builders Group Limited is a company incorporated in the Cayman Islands, operating in the construction industry. The company is listed on the Hong Kong Stock Exchange and focuses on providing construction services.

YTD Price Performance: -16.67%

Average Trading Volume: 318,333

Technical Sentiment Signal: Sell

Current Market Cap: HK$150M

See more data about 1615 stock on TipRanks’ Stock Analysis page.

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