KSH Holdings guides for net loss for 1HFY2025 despite turnaround in construction business

Ashley Lo
2024-11-06

The group plans to report 1HY2025 financial results on or around Nov 14.

Construction and property firm KSH Holdings has guided for a net loss for the 1HFY2025 ended September. 

Despite a turnaround in the group’s construction business, which saw a positive contribution margin, the group says the overall net loss for 1HFY2025 was mainly attributable to losses incurred by the property development projects of associates and joint ventures. 

This came on the back of pre-launch expenses, finance costs, sales and marketing expenses, and other operating costs that were recognised before revenue from units sold could be recognised in accordance with the adopted accounting standards, adds the group. 

The group plans to report 1HY2025 financial results on or around Nov 14. 

Shares in KSH Holdings closed 0.5 cents higher, or up 2.58%, at 19.9 cents on Nov 6. 

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10