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JBB Builders International Ltd. ( (HK:1903) ) has provided an announcement.
JBB Builders International Ltd. has issued a profit warning, anticipating a loss of up to RM9.9 million for the fiscal year ending June 30, 2025, compared to a profit of RM3.0 million the previous year. The expected loss is attributed to increased loss allowances for expected credit losses, a rise in general and administrative expenses, and changes in revenue composition, despite a significant increase in revenue and gross profit from new contracts in reclamation and infrastructure services.
More about JBB Builders International Ltd.
JBB Builders International Ltd. is a company incorporated in the Cayman Islands, operating in the construction industry. It focuses on reclamation and related works, building and infrastructure services, and marine transportation contracts, primarily in Singapore.
Average Trading Volume: 276,982
Technical Sentiment Signal: Buy
Current Market Cap: HK$745M
Find detailed analytics on 1903 stock on TipRanks’ Stock Analysis page.