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SHS Holdings Ltd. Faces Profit Margin Challenges Despite Revenue Growth

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SHS Holdings Ltd. Faces Profit Margin Challenges Despite Revenue Growth

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An announcement from SHS Holdings Ltd. ( (SG:566) ) is now available.

SHS Holdings Ltd. reported a slight increase in revenue for the financial year ending December 31, 2024, rising from $82.2 million to $83.0 million. However, the company’s gross profit fell by 8.5% due to weaker profitability in its Engineering & Construction segment, highlighting challenges in maintaining profit margins despite revenue growth.

More about SHS Holdings Ltd.

SHS Holdings Ltd., incorporated in Singapore, operates in the engineering and construction industry, focusing on providing engineering solutions and construction services.

Average Trading Volume: 72,238

Technical Sentiment Signal: Sell

Current Market Cap: S$80.26M

For an in-depth examination of 566 stock, go to TipRanks’ Stock Analysis page.

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