GKE Corp. Forecasts Higher Profit in Fiscal H1; Shares Surge 14%

MT Newswires
03 Jan

GKE Corp. (SGX:595) expects to report an increase in net profit attributable to shareholders for the fiscal first half ended Nov. 30, 2024, according to a filing with the Singapore Exchange on Thursday.

The forecast is mainly due to the group's organic growth and a one-off disposal gain from divesting its rights to a limestone mine in China.

The group will release its financial results on or before Jan. 14.

Shares of the warehousing and logistics company surged nearly 14% in recent trading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10