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HPC Holdings Ltd. ( (HK:1742) ) has provided an announcement.
HPC Holdings Ltd. reported its annual results for the financial year ending 31 October 2024, highlighting a challenging year due to competitive pressures and rising costs in the Singapore construction market. Despite facing a significant decrease in revenue and gross profit, the company secured six new projects worth S$461.51 million, indicating its ability to adapt and compete effectively. However, these new projects will not contribute to the current financial year’s results as they were awarded late in the year. The company also completed the Global Indian International School project, demonstrating its ongoing operational capabilities amidst market challenges.
More about HPC Holdings Ltd.
HPC Holdings Ltd. operates within the construction industry, providing a range of services including building and infrastructure projects, with a market focus in Singapore.
YTD Price Performance: -16.67%
Average Trading Volume: 421,400
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$88M
Learn more about 1742 stock on TipRanks’ Stock Analysis page.