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An update from JBB Builders International Ltd. ( (HK:1903) ) is now available.
JBB Builders International Ltd. has issued a positive profit alert, indicating an expected profit of up to RM2 million for the six months ending December 2024, a notable improvement from a RM3 million loss in the same period the previous year. This financial turnaround is attributed to increased revenue from new contracts and a higher gross profit margin, despite rising administrative expenses due to increased staffing costs and additional expenditures.
More about JBB Builders International Ltd.
JBB Builders International Ltd. is a company incorporated in the Cayman Islands that operates within the construction industry. It specializes in reclamation and related works, as well as building and infrastructure services, with a market focus that includes marine transportation contracts in Singapore.
YTD Price Performance: 1.04%
Average Trading Volume: 184,451
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$242.5M
For an in-depth examination of 1903 stock, go to TipRanks’ Stock Analysis page.