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HKE Holdings Reports Interim Financial Results with Increased Revenue but Greater Losses

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HKE Holdings Reports Interim Financial Results with Increased Revenue but Greater Losses

An announcement from HKE Holdings Limited ( (HK:1726) ) is now available.

HKE Holdings Limited, a company incorporated in the Cayman Islands, announced its unaudited interim results for the six months ended December 31, 2024. The company reported a revenue increase to S$10.56 million from S$8.28 million in the previous year. However, the company experienced a gross profit decline and a comprehensive loss of S$7.59 million, attributed to increased costs and administrative expenses. This financial performance highlights challenges in maintaining profitability despite revenue growth, impacting stakeholders’ outlook on the company’s operational efficiency.

More about HKE Holdings Limited

YTD Price Performance: -5.33%

Average Trading Volume: 298,350

Technical Sentiment Consensus Rating: Hold

Current Market Cap: HK$1.72B

Find detailed analytics on 1726 stock on TipRanks’ Stock Analysis page.

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