FEG Holdings Reports Revenue Rise but Faces Loss

Kwong Luen Engineering Holdings Limited (HK:1413) has released an update.

FEG Holdings Corporation Limited, formerly Kwong Luen Engineering Holdings, reported a revenue increase to HK$298.9 million for the six months ending September 2024, but faced a net loss of HK$4.8 million compared to a profit of HK$9.6 million in the prior year. Additionally, the company’s gross profit margin declined to 4.5%, and no interim dividend was declared.

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