JBB Builders International Ltd. (HK:1903) has released an update.
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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.
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