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Green Build Technology Reports Revenue Growth Amidst Profit Margin Decline

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Green Build Technology Reports Revenue Growth Amidst Profit Margin Decline

Elevate Your Investing Strategy:

Green Build Technology Ltd. ( (SG:Y06) ) has provided an update.

Green Build Technology Limited has reported an increase in revenue from RMB2.9 million in FY2023 to RMB3.6 million in FY2024, attributed to additional consulting and management contracts. However, the gross profit margin decreased significantly from 86.4% to 58.9% due to the transfer of costs to Continuing Operations and lower margins from hotel management services. The company has no ongoing banking facilities but expects to be cashflow positive from its Continuing Operations.

More about Green Build Technology Ltd.

Green Build Technology Limited, incorporated in Singapore, operates in the consulting and management sector, focusing on hotel management and consultancy services.

YTD Price Performance: -30.0%

Average Trading Volume: 1,208,551

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$8.18M

See more data about Y06 stock on TipRanks’ Stock Analysis page.

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