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GC Construction Holdings Limited ( (HK:1489) ) just unveiled an update.
GC Construction Holdings Limited reported a significant decline in its financial performance for the year ended 31 March 2025. The company’s revenue decreased by 9.3% to approximately HK$530.7 million, and it recorded a gross profit of only HK$2.1 million, down from HK$41.8 million the previous year. The company also reported a loss of approximately HK$53.5 million, compared to a profit of HK$19.1 million in the prior year. The board has decided not to recommend a final dividend for the year, reflecting the challenging financial situation. These results indicate a challenging period for the company, which may impact its market positioning and stakeholder confidence.
More about GC Construction Holdings Limited
GC Construction Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the construction industry. The company focuses on providing construction services and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 574,000
Technical Sentiment Signal: Sell
Current Market Cap: HK$315M
See more data about 1489 stock on TipRanks’ Stock Analysis page.