GKE Corp expects 1HFY2025 earnings to be a 'significant' increase over 1HFY2024

The Edge Singapore

01-02

GKE Corp says the stronger earnings can be attributed to better operating results plus a one-off disposal gain

GKE Corp says that earnings for its 1HFY2025 ended November 2024 will be a "significant" increase over the year-earlier period.

In its 1HFY2024 ended November 2023, GKE reported earnings of $1.9 million, an increase of 90.1% y-o-y over 1HFY2023.

The company, which operates warehouses and produces readymix concrete, says the stronger earnings can be attributed to "better business performance."

In addition, the company is booking a one-off disposal gain from the divestment of rights to a limestone mine in China.

Back in May 2019, GKE paid RMB5.05 million ($946,116.49) for the rights to mine for 9.5 years.

GKE expects to report its 1HFY2025 results on or before Jan 14.

GKE Corp shares closed at 7.9 cents on Jan 2, up 2.6% for the day, and is up 12.86% over the past 12 months.

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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGKE Corp expects 1HFY2025 earnings to be a 'significant' increase over 1HFY2024\n</h2>\n<h4 class=\"meta\">\n</h4><p class=\"head\">\n<strong class=\"h-name small\">The Edge Singapore </strong><span class=\"h-time small\">2025-01-02 13:30</span>\n</p>\n</header>\n<article>\n<p><img src=\"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/online+BLD_GKE_CORPORATION_03_AC+-+Copy_0.jpg\"/> GKE Corp says the stronger earnings can be attributed to better operating results plus a one-off disposal gain</p><p><span>GKE Corp says that earnings for its 1HFY2025 ended November 2024 will be a \"significant\" increase over the year-earlier period.</span></p>\n<p><span>In its 1HFY2024 ended November 2023, GKE reported earnings of $1.9 million, an increase of 90.1% y-o-y over 1HFY2023.</span></p>\n<p><span>The company, which operates warehouses and produces readymix concrete, says the stronger earnings can be attributed to \"better business performance.\"</span></p>\n<p><span>In addition, the company is booking a one-off disposal gain from the divestment of rights to a limestone mine in China.</span></p>\n<p><span>Back in May 2019, GKE paid RMB5.05 million ($946,116.49) for the rights to mine for 9.5 years.</span></p>\n<p><span>GKE expects to report its 1HFY2025 results on or before Jan 14.</span></p>\n<p><span>GKE Corp shares closed at 7.9 cents on Jan 2, up 2.6% for the day, and is up 12.86% over the past 12 months.</span></p>\n<div class=\"bt-text\">\n<p> 來源：<a href=\"https://www.theedgesingapore.com/news/results/gke-corp-expects-1hfy2025-earnings-be-significant-increase-over-1hfy2024?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">The Edge Singapore </a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"595.SI","symbol_name":"錦佳","start_time":0,"source_url":"https://www.theedgesingapore.com/news/results/gke-corp-expects-1hfy2025-earnings-be-significant-increase-over-1hfy2024?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2500138329","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2500138329","pubTimestamp":1735795841,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"GKE Corp says the stronger earnings can be attributed to better operating results plus a one-off disposal gain","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"595.SI":"锦佳"},"translate_title":"GKE Corp预计2025财年上半年盈利将比2024财年上半年“显着”增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"595.SI":1},"content_text":"GKE Corp says the stronger earnings can be attributed to better operating results plus a one-off disposal gainGKE Corp says that earnings for its 1HFY2025 ended November 2024 will be a \"significant\" increase over the year-earlier period.\nIn its 1HFY2024 ended November 2023, GKE reported earnings of $1.9 million, an increase of 90.1% y-o-y over 1HFY2023.\nThe company, which operates warehouses and produces readymix concrete, says the stronger earnings can be attributed to \"better business performance.\"\nIn addition, the company is booking a one-off disposal gain from the divestment of rights to a limestone mine in China.\nBack in May 2019, GKE paid RMB5.05 million ($946,116.49) for the rights to mine for 9.5 years.\nGKE expects to report its 1HFY2025 results on or before Jan 14.\nGKE Corp shares closed at 7.9 cents on Jan 2, up 2.6% for the day, and is up 12.86% over the past 12 months.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}