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Beng Soon Machinery Holdings Limited ( (HK:1987) ) has issued an update.
Beng Soon Machinery Holdings Limited announced its consolidated annual results for the year ended December 31, 2024, reporting a significant increase in revenue to S$33.48 million from S$29.35 million in 2023. Despite higher administrative expenses, the company achieved a notable rise in profit before tax to S$779,151, reflecting improved operational efficiency and market positioning, which could positively impact stakeholders.
More about Beng Soon Machinery Holdings Limited
Beng Soon Machinery Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the machinery industry. The company focuses on providing machinery products and services, with a market presence indicated by its listing on the Stock Exchange of Hong Kong.
YTD Price Performance: -6.25%
Average Trading Volume: 296,105
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$150M
For detailed information about 1987 stock, go to TipRanks’ Stock Analysis page.