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The latest update is out from Keong Hong Holdings Limited ( (SG:5TT) ).
Keong Hong Holdings Limited, currently on the SGX-ST Watch-List, is actively working to improve its financial health to meet the Financial Exit Criteria. The company has completed the sale of its equity interest in Katong Holdings Pte Ltd, receiving S$14.0 million to be used for working capital and new business opportunities. In its Third Quarter FY2025 results, the company reported a profit of $5.7 million and revenue of $156.8 million, a significant improvement from the previous year’s loss. The company remains committed to meeting the exit criteria and will keep shareholders informed of any material developments.
More about Keong Hong Holdings Limited
Keong Hong Holdings Limited is a company incorporated in Singapore, operating in the construction and real estate development industry. The company focuses on managing operating costs for ongoing projects and exploring future business plans to enhance its financial position.
Average Trading Volume: 40,765
Technical Sentiment Signal: Buy
Current Market Cap: S$42.3M
Learn more about 5TT stock on TipRanks’ Stock Analysis page.