AB Builders Group Reports Profitable Half-Year

AB Builders Group Limited (HK:1615) has released an update.

AB Builders Group Limited has released its unaudited interim financial results for the first half of 2024, reporting a notable turnaround with a profit of 2,482 thousand MOP, in contrast to a loss of 10,341 thousand MOP in the same period the previous year. The results, along with the company’s interim report, will be available on both the Hong Kong Stock Exchange and AB Builders Group’s websites. The positive performance is primarily attributed to a significant reduction in cost of sales and a substantial growth in other income.

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