GC Construction’s Mixed Annual Financial Results

GC Construction Holdings Limited (HK:1489) has released an update.

GC Construction Holdings Limited reported an 8% revenue increase to HK$585.2 million for the fiscal year ending March 31, 2024, but saw a significant drop in gross profit by 36.1% and a decline in total comprehensive income to HK$19.1 million from the previous year’s HK$49.3 million. The company’s earnings per share also fell to HK1.9 cents, and the board has decided against declaring a final dividend for the year.

For further insights into HK:1489 stock, check out TipRanks’ Stock Analysis page.