HPC Swings to Loss in Fiscal Year 2024

MT Newswires Live
01-28

HPC Holdings (HKG:1742) incurred an attributable loss of SG$8.5 million in the year ending Oct. 31, 2024, compared with an attributable profit of SG$3.4 million a year prior, a Tuesday Hong Kong bourse filing said.

Loss per share in the fiscal year was SG$0.0053, whereas the company had made earnings per share of SG$0.0021 in fiscal year 2023.

The construction services firm's revenue fell by 41% to SG$169.8 million in the year from SG$289.2 million in the corresponding period last year due to fewer projects and construction activities.

Price (HKD): $0.05, Change: $-0.0010, Percent Change: -1.82%

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