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Khoon Group Limited Announces Positive Profit Outlook Amid Rising Construction Demand

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Khoon Group Limited Announces Positive Profit Outlook Amid Rising Construction Demand

Elevate Your Investing Strategy:

Khoon Group Limited ( (HK:0924) ) has shared an announcement.

Khoon Group Limited announced a positive shift in its financial performance, expecting a net profit of approximately S$0.3 million for the six months ended December 31, 2024, reversing a net loss from the previous year. This improvement is largely attributed to increased construction demand in Singapore, though the results are preliminary and have not been audited.

More about Khoon Group Limited

Khoon Group Limited operates primarily in the construction industry, focusing on delivering construction services with a market emphasis on Singapore.

YTD Price Performance: -9.80%

Average Trading Volume: 909,793

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$460M

For an in-depth examination of 0924 stock, go to TipRanks’ Stock Analysis page.

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