BENG SOON MACH (01987) released its six-month performance ending on June 30, 2024...
According to the BENG SOON MACH (01987) announcement, the company's revenue for the six months ending on June 30, 2024 was 13.989 million new yuan, a year-on-year growth of 30.2%; the company's equity holders had a loss of 1.334 million new yuan, a year-on-year narrowing of 53.3%.
The increase in income during the period is due to the group obtaining and starting more new projects, which contributed more income during the period. The group achieved a gross margin of about 24.3% in the first half of 2024, compared to 8.4% in the first half of 2023. The increase in the group's gross margin is due to an increase in the profit margin of disposing of waste materials.