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BGMC International Ltd. ( (HK:1693) ) has shared an update.
BGMC International Limited has issued a profit warning, indicating an expected unaudited net loss of approximately RM24.3 million for the twelve months ending March 31, 2025, a significant increase from the RM1.2 million loss in the previous year. The increase in net loss is attributed to reduced other income, lower reversal of impairment losses, and higher administrative expenses, partially offset by increased revenue. Shareholders and potential investors are advised to exercise caution as the results are preliminary and subject to adjustments.
More about BGMC International Ltd.
BGMC International Limited is a company incorporated in the Cayman Islands with limited liability, operating primarily in the construction and engineering industry. The company is listed on the Stock Exchange of Hong Kong and focuses on providing construction services and solutions.
Average Trading Volume: 37,470
Technical Sentiment Signal: Buy
Current Market Cap: HK$88.68M
Find detailed analytics on 1693 stock on TipRanks’ Stock Analysis page.