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Able Engineering Holdings Ltd. Reports Strong Annual Financial Results

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Able Engineering Holdings Ltd. Reports Strong Annual Financial Results

Elevate Your Investing Strategy:

An announcement from Able Engineering Holdings Ltd. ( (HK:1627) ) is now available.

Able Engineering Holdings Ltd. reported its annual financial results for the year ending March 31, 2025, showing a significant increase in revenue to HK$7,968,813,000 from HK$5,511,537,000 the previous year. Despite an impairment on property, plant, and equipment, the company achieved a profit of HK$228,562,000, up from HK$204,889,000, reflecting strong operational performance and effective cost management, which may positively impact its market positioning and stakeholder confidence.

More about Able Engineering Holdings Ltd.

Able Engineering Holdings Ltd. is a company incorporated in the Cayman Islands, operating within the engineering industry. It focuses on providing engineering services and solutions, with a market presence reflected by its listing on the Hong Kong Stock Exchange under the stock code 1627.

Average Trading Volume: 340,177

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.26B

See more data about 1627 stock on TipRanks’ Stock Analysis page.

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