Keong Hong Holdings Limited (SG:5TT) has released an update.
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Keong Hong Holdings Limited convened its Sixteenth Annual General Meeting, where Chairman Mr. Leo Ting Ping Ronald highlighted the company’s improved revenue in FY2023 despite a tough economic climate, including rising costs and inflation. The company also managed to reduce its gross loss, primarily due to increased construction costs. A comprehensive review of the company’s performance and future outlook was presented, addressing the challenges and strategies moving forward.
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