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15 Apr 2025
Hor Kew Corporation Reports Strong Profit Growth in FY2024 Despite Revenue Dip
Summary: Hor Kew Corporation Limited's 2024 annual report reveals a significant increase in profit before tax, more than doubling from the previous year, despite a slight decrease in revenue. This improvement is attributed to the company's strategic focus on higher-margin projects and enhanced operational efficiency within the building construction sector. The report also highlights the company's successful completion of several public housing projects and expresses optimism for future growth, particularly in prefabricated building components.