Green Build Technology Ltd. (SG:Y06) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Green Build Technology Ltd., a Singapore-based company, has reported an increase in revenue from RMB1.4 million to RMB1.7 million for the first half of 2024, attributed to new consulting and management contracts secured by its subsidiary, Yunbao. However, the company also experienced a decline in gross profit margin from 100% to 77% following the disposal of a business group which previously shouldered the costs. The company emphasizes its positive cash flow from continuing operations as it has no ongoing banking facilities post-disposal.
For further insights into SG:Y06 stock, check out TipRanks’ Stock Analysis page.