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JBB Builders International Ltd. ( (HK:1903) ) has issued an update.
JBB Builders International Limited announced an update on its profit warning, revealing an expected profit of approximately RM1.3 million for the year ended 30 June 2025, compared to RM3.0 million the previous year. This turnaround from an anticipated loss to a profit is attributed to a significant reduction in the allowance for impairment loss on trade receivables and contract assets, following a revised assessment by an independent valuer. The final results are yet to be audited and are expected to be published by the end of September 2025.
The most recent analyst rating on (HK:1903) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on JBB Builders International Ltd. stock, see the HK:1903 Stock Forecast page.
More about JBB Builders International Ltd.
JBB Builders International Limited is a company incorporated in the Cayman Islands, primarily engaged in the construction industry. The company, along with its subsidiaries, focuses on providing building and construction services, operating within the Hong Kong market.
Average Trading Volume: 203,935
Technical Sentiment Signal: Buy
Current Market Cap: HK$690M
For detailed information about 1903 stock, go to TipRanks’ Stock Analysis page.