GC Construction Holdings Records Lower Profit in Fiscal 2024

MT Newswires Live06-25

GC Construction Holdings' (HKG:1489) profit attributable to owners was HK$19.1 million for the year ended March 31 as compared with HK$49.3 million from the previous fiscal year, a Monday filing with the Hong Kong Exchange said.

The company saw earnings of HK$0.019 per share for the reporting period as compared with earnings of HK$0.057 per share for the previous fiscal year.

The company's revenue came in at HK$585.2 million for the reporting period as compared to HK$541.6 million from the previous fiscal year. the company attributes the increase in revenues to increased amount of works performed in various projects by the company.

Price (HKD): $0.48, Change: $-0.04, Percent Change: -6.86%

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