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Khoon Group Limited Reports Positive Interim Results for 2024

Story Highlights
  • Khoon Group Limited operates in the construction industry, focusing on electrical engineering services.
  • The company reported a profit of S$157,445 for the six months ended December 2024, reversing a loss from 2023.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Khoon Group Limited Reports Positive Interim Results for 2024

Elevate Your Investing Strategy:

An announcement from Khoon Group Limited ( (HK:0924) ) is now available.

Khoon Group Limited announced its unaudited consolidated interim results for the six months ended December 31, 2024, reporting a revenue increase to S$44.19 million from S$32.21 million in the same period of 2023. The company achieved a profit of S$157,445 compared to a loss of S$424,387 in the previous year, indicating a positive turnaround in its financial performance.

More about Khoon Group Limited

Khoon Group Limited is a company incorporated in the Cayman Islands, operating in the construction industry. It primarily focuses on providing electrical engineering services, including installation and maintenance, with a market focus in Singapore.

YTD Price Performance: -9.80%

Average Trading Volume: 649,777

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$460M

Find detailed analytics on 0924 stock on TipRanks’ Stock Analysis page.

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