Green Build Technology Ltd. (SG:Y06) has released an update.
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Green Build Technology Ltd. has reported a rise in revenue from RMB2.1 million to RMB2.6 million for the third quarter of 2024, driven by new consulting and management contracts. However, the gross profit margin dropped from 100% to 77% due to the transfer of operational costs previously borne by a disposed group. The company is actively working to meet financial exit criteria to improve its standing on the Singapore Exchange watch-list.
For further insights into SG:Y06 stock, check out TipRanks’ Stock Analysis page.