Khoon Group Limited Narrowly Misses Profitability

Khoon Group Limited (HK:0924) has released an update.

Khoon Group Limited has reported a narrow loss for the fiscal year 2024, showcasing modest improvements with a gross profit of S$5,890,717 compared to the previous year’s S$2,472,410. Despite increased revenues, which rose to S$69,506,635 from S$50,607,886, the company faced a total comprehensive loss for the year amounting to S$234,911 due to various expenses and losses, including impairments and administrative costs.

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