GC Construction Swings to Fiscal H1 Loss

MT Newswires Live11-26 20:20

GC Construction (HKG:1489) incurred an attributable loss of HK$7.2 million for the six months ended June 30, compared with an attributable profit of HK$16.6 million a year prior, a Tuesday bourse filing said.

Loss per share for the interim period was HK$0.007 whereas the company had made earnings per share of HK$0.017 in the year-ago period.

The builder's revenue fell by 6.2% to HK$265.3 million in the first fiscal half from HK$282.8 million in the corresponding period of the last fiscal year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment