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GKE chalks up record interim earnings of $4.4 million, up 132.5% y-o-y

The Edge Singapore
The Edge Singapore  • 2 min read
GKE chalks up record interim earnings of $4.4 million, up 132.5% y-o-y
GKE Corp CEO Neo Cheow Hui / Photo: Albert Chua
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GKE Corp has reported record interim earnings of $4.41 million for its 1HFY2025 ended Nov 30, up 132.5% over the year-earlier period. Revenue was up 13.8% to $63.16 million. The company attributes the better bottom line to better operational performance of its warehouses. 

In addition, GKE booked a one-off gain of $1.1 million from the sale of its mining rights and its related equity investment in China.

The company plans to pay an interim dividend of 0.05 cents per share. "We are delighted to share the fruits of our focused efforts with our key stakeholders, who have placed their trust and support in us," says CEO Neo Cheow Hui.

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