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JBB Builders Reports Turnaround with Increased Revenue and Profitability

Story Highlights
  • JBB Builders International Ltd. focuses on construction and building services.
  • The company reported increased revenue and profitability for the six months ended December 2024.
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JBB Builders Reports Turnaround with Increased Revenue and Profitability

The latest announcement is out from JBB Builders International Ltd. ( (HK:1903) ).

JBB Builders International Ltd. announced its interim results for the six months ending December 31, 2024, reporting a significant increase in revenue to RM223,827,000 from RM126,305,000 in the previous year. The company achieved a turnaround in profitability, with profit attributable to owners at RM1,571,000 compared to a loss of RM3,017,000 in the same period last year, reflecting an improved gross profit margin and increased operational efficiency.

More about JBB Builders International Ltd.

JBB Builders International Ltd. is a company incorporated in the Cayman Islands, focusing on construction and building services. It operates within the construction industry, providing various building solutions and services.

YTD Price Performance: 18.75%

Average Trading Volume: 172,625

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$270M

For a thorough assessment of 1903 stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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