JBB Builders International Ltd. (HK:1903) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
JBB Builders International Ltd. reports a significant turnaround with their latest annual results, highlighting a revenue jump from RM 217,776,000 to RM 329,330,000 and a shift from a net loss to a profit for the year ended June 30, 2024. Despite a decrease in gross profit margin from 5.6% to 2.5%, the company has made a positive profit attributable to owners of RM 2,994,000, recovering from a loss in the previous year. The results reflect a strong recovery with improvements in various financial metrics, including basic and diluted earnings per share, which have gone up from a loss to a gain.
For further insights into HK:1903 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money