BGMC International Ltd. (HK:1693) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
BGMC International Ltd. has announced a significant reduction in net loss for the six months ended September 2024, reporting a loss of RM8.3 million compared to RM14.1 million in the same period last year. This improvement is attributed to increased revenue from a new project, reduced project cost overruns, and lower finance costs. Investors are advised to exercise caution as these figures are preliminary and unaudited.
For further insights into HK:1693 stock, check out TipRanks’ Stock Analysis page.