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The Price Is Right For Beng Soon Machinery Holdings Limited (HKG:1987) Even After Diving 25%
BENG SOON MACH: ANNUAL REPORT 2023
Beng Soon Machinery Holdings Limited (HKG:1987) Stocks Shoot Up 26% But Its P/S Still Looks Reasonable
BENG SOON MACH (01987) released annual results, profit attributable to shareholders of SGD 25,000 decreased by 95.3% year-on-year
According to the Zhitong Finance App, BENG SOON MACH (01987) announced results for the year ended December 31, 2023. The group obtained revenue of S$29.3522 million, a decrease of 10.34% year on year; profit attributable to the company's equity holders was SGD 25,000, a decrease of 95.3% year on year. According to the announcement, the decline in revenue was mainly due to a sharp drop in demand for waste in Singapore and other countries (such as mainland China) due to an unfavorable Asian market environment this year. The Group achieved a gross profit margin of 31.5% in fiscal year 2023 and fiscal year 2022
BENG SOON MACH: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2023
BENG SOON MACH (01987.HK) plans to hold a board meeting on March 28 to consider and approve the full year results
GLONGHUI March 13 | BENG SOON MACH (01987.HK) announced that the company will hold a board meeting on March 28, 2024 (Thursday) to (i) review and approve the annual results and announcements of the company and its subsidiaries for the year ended 31 December 2023; (ii) consider declaring undue dividends (if any); and (iii) deal with any other matters (if any).
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