Jihui Holdings (08027) announced results for the nine months ended September 30, 2023. The group achieved revenue of 10...
According to the Zhitong Finance App, Jihui Holdings (08027) announced its results for the nine months ended September 30, 2023. The group obtained revenue of S$108.646 million, a year-on-year decrease of 58.39%; profit for the period was S$1,295,500, a year-on-year decrease of 45.57%; and earnings per share of 0.547 Singapore points.
According to the announcement, the decline in revenue is mainly due to falling demand for decoration and refurbishment services and intense market competition.