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An announcement from GDS Global Ltd. ( (SG:5VP) ) is now available.
GDS Global Ltd. reported a 9.5% rise in revenue to $13.4 million, driven by a post-pandemic recovery in Singapore’s construction sector and a stronger focus on the domestic market. Despite this increase, the company continues to experience financial losses, with a net loss of $2.27 million in FY2024, marking the sixth consecutive year of losses. The company attributes increased shutter production output as a factor in reducing unit costs, yet administrative expenses remain high.
More about GDS Global Ltd.
YTD Price Performance: -6.67%
Average Trading Volume: 363,550
Technical Sentiment Consensus Rating: Sell
Current Market Cap: S$12.54M
For a thorough assessment of 5VP stock, go to TipRanks’ Stock Analysis page.