CSC Holdings reports profit turnaround with earnings of $2.5 mil

Ashley Lo11-11

Earnings per share stood at 0.06 cents for the period, up from a loss per share of 0.08 cents in 1HFY2024. CSC Holdings has reported earnings of $2.5 million for the 1HFY2025 ended September, ...

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This was due to an increase in construction activity and cost control. \nMoving forward, the group expects ongoing challenges to continue, such as regulations  limiting foreign manpower that will intensify competition for skilled labour, as well as potentially rising raw material costs. That said, the group says it is well-prepared to “capture opportunities from the stronger construction demand”. \nAs at Oct 3, the group’s order book stood at $310 million, with the bulk of projects expected to be delivered in the next 12 months.\nShares in CSC Holdings closed flat at 1 cent on Nov 11.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2482365792"}