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GKE Corp posts 1HFY2024 earnings of $1.9 mil, up 90.1% y-o-y

Bryan Wu
Bryan Wu • 2 min read
GKE Corp posts 1HFY2024 earnings of $1.9 mil, up 90.1% y-o-y
CEO and executive director of GKE Neo Cheow Hui. Photo: Albert Chua/The Edge Singapore
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Logistics provider GKE Corporation 595 595 has posted earnings of $1.9 million for the 1HFY2024 ended Nov 30, 2023, a 90.1% y-o-y increase compared to its $998,000 earnings for the same period last year.

The improved earnings came from strategic investments in infrastructural materials and services in China and agriculture in Singapore, bolstered by stable contributions from the company’s warehousing and logistics segment in Singapore, particularly in the chemical-related business.

Its wholly-owned subsidiary Fair Chem Industries posted an increase in revenue of $1.3 million in 1HFY2024, with improved margins.

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