BGMC International to Widen Fiscal Year 2025 Loss

MT Newswires Live
May 12

BGMC International (HKG:1693) expects an attributable loss of around 24.3 million ringgit for the year ended March 31, up from 1.2 million ringgit in the year-ago period, a May 9 Hong Kong bourse filing said.

The construction services company attributed the higher loss mainly to a decline in other income, lower reversal of impairment losses on financial assets and contract assets, and higher administrative and other expenses.

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