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An announcement from CTR Holdings Limited ( (HK:1416) ) is now available.
CTR Holdings Limited has issued a positive profit alert, indicating that it expects to report profit of at least S$14.4 million for the year ended 28 February 2026, compared with S$7.70 million a year earlier. The strong improvement is mainly attributed to revenue growth from timely delivery of multiple major construction projects and accelerated execution of key contracts.
The company also highlighted that the securing of several large contracts during the year has led to higher revenue and underpinned the anticipated profit surge. The figures are based on preliminary unaudited management accounts and remain subject to further internal review and external audit, so shareholders and potential investors are urged to exercise caution when dealing in the company’s shares.
More about CTR Holdings Limited
CTR Holdings Limited is a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange, operating in the construction sector. The group focuses on delivering major construction projects and executing key contracts, with revenue driven by securing and completing large-scale works in its core markets.
Average Trading Volume: 1,023,392
Technical Sentiment Signal: Buy
Current Market Cap: HK$266M
Learn more about 1416 stock on TipRanks’ Stock Analysis page.