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The latest announcement is out from BGMC International Ltd. ( (HK:1693) ).
BGMC International Ltd. reported a sharp rise in revenue from continuing operations to RM177.1 million for the six months ended 28 February 2026, up from RM100.5 million a year earlier. Despite topline growth, cost of sales surged, turning a prior gross profit into a gross loss of RM17.3 million and underscoring margin pressures.
The group’s loss attributable to shareholders widened significantly to RM24.3 million, compared with RM6.9 million in the prior-year period, and basic loss per share increased to RM0.60 from RM0.19. The results suggest that while activity levels have improved, profitability has deteriorated, raising concerns about cost controls and the sustainability of the company’s current operating model for investors and other stakeholders.
More about BGMC International Ltd.
BGMC International Ltd., incorporated in the Cayman Islands and listed in Hong Kong, operates through a group structure referred to as BGMC. The company reports its financials in Malaysian ringgit and appears focused on construction or project-based operations, with revenue derived from continuing operations and prior exposure to discontinued segments.
Average Trading Volume: 74,124
Technical Sentiment Signal: Buy
Current Market Cap: HK$648.6M
Find detailed analytics on 1693 stock on TipRanks’ Stock Analysis page.