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Build King's Profit Slides in 2024
BUILD KING HOLD (00240.HK) annual revenue increased by 15% to 14.4 billion HKD.
Gelonghui reported on March 21 that BUILD KING HOLD (00240.HK) announced that for the year ending December 31, 2024, the group's revenue increased by 15% to 14.4 billion Hong Kong dollars compared to last year. The gross margin decreased to 8.0%, down from 10.4% in the same period last year. The reduction is mainly due to the diminishing profit contribution as a civil engineering project approached completion during the year. The annual profit attributable to Shareholders was 434,000,000 Hong Kong dollars, compared to 474,000,000 Hong Kong dollars in the same period last year. The Board of Directors proposed a final dividend of 7.5 Hong Kong cents per ordinary share (2023: 8.0.
BUILD KING HOLD (00240) released its annual performance report, with the profit attributable to Shareholders being 0.434 billion HKD, a decrease of 8.35% year-on-year.
BUILD KING HOLD (00240) announced its annual performance for the year ending December 31, 2024, with the group achieving service revenue...
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