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BGMC International Ltd. ( (HK:1693) ) has issued an announcement.
BGMC International has warned that it expects to post an unaudited net loss attributable to shareholders of about RM24.4 million for the six months ended 28 February 2026, more than triple the RM7.0 million loss a year earlier. The deterioration reflects additional liquidated ascertained damages on projects, reduced gross margins on a major building and structures contract due to rectification costs and cost overruns, lower interest income from smaller fund placements, and the absence of profit from discontinued operations, prompting the board to caution investors as it finalises interim results due on 27 April 2026.
More about BGMC International Ltd.
BGMC International Ltd. is a Hong Kong-listed company incorporated in the Cayman Islands, operating through a group structure that undertakes building and structures projects. The group’s activities include construction-related services, with performance closely tied to project execution, cost management and associated margins in its core contracting business.
Average Trading Volume: 39,356
Technical Sentiment Signal: Hold
Current Market Cap: HK$441.5M
Find detailed analytics on 1693 stock on TipRanks’ Stock Analysis page.