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Keong Hong Holdings Limited Reports Resilience Amid Global Uncertainties at AGM

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The latest update is out from Keong Hong Holdings Limited ( (SG:5TT) ).

Keong Hong Holdings Limited held its Seventeenth Annual General Meeting, where the Chairman highlighted the company’s resilience in FY2024 despite global uncertainties. The company made prudent financial decisions, maintained a lean workforce, and restructured borrowing facilities to improve cashflow, narrowing losses from unprofitable projects affected by the COVID-19 pandemic. The outlook for 2025 remains cautiously optimistic as the company continues to adapt to changing market conditions.

More about Keong Hong Holdings Limited

Keong Hong Holdings Limited is a company incorporated in Singapore, operating in the construction and property development industry. The company focuses on delivering construction services and developing residential and commercial properties, primarily in the Singapore market.

YTD Price Performance: -21.11%

Average Trading Volume: 47,300

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$16.69M

See more data about 5TT stock on TipRanks’ Stock Analysis page.

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