GKE Corporation Limited

CGS-CIMB ups GKE Corp’s TP to 8 cents despite missed earnings expectations for 1HFY2024 - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB ups GKE Corp’s TP to 8 cents despite missed earnings expectations for 1HFY2024

GKE Corp's 1HFY2024 net profit of $1.9 million stood at 32% of CGS-CIMB's FY2024 estimate.
CGS-CIMB lowers GKE Corp’s TP to 7 cents on weak outlook - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB lowers GKE Corp’s TP to 7 cents on weak outlook

GKE Corp will be releasing its results for the 2HFY2023 and FY2023 ended May 31 in the last week of July.

Results

GKE Corp's FY2022 profit plunges 59.2% y-o-y to $4.7 mil

The company has proposed a final dividend of 0.2 cents per share for the FY2022.
GKE Corporation acquires balance 30% of Marquis Services for $2.7 mil - THE EDGE SINGAPORE

M&A

GKE Corporation acquires balance 30% of Marquis Services for $2.7 mil

The acquisition was completed on the same day, making Marquis Services a wholly-owned subsidiary of the company.
Bucking the trend, GKE reports record earnings; eyes cold storage capabilities - THE EDGE SINGAPORE

Results

Bucking the trend, GKE reports record earnings; eyes cold storage capabilities

Due to supply chain disruptions, GKE's warehouses have been seeing strong demand, along with a strong performing China business.
CGS-CIMB starts GKE Corp at 'add' with TP of 18 cents on strong earnings growth potential - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB starts GKE Corp at 'add' with TP of 18 cents on strong earnings growth potential

Shares in GKE Corp closed 0.6 cent lower or 4.3% down at 13.2 cents on Jan 7.

Results

GKE Corporation reports earnings of $2.9 mil in 2H20; turnaround from losses

This brings GKE Corp’s full-year earnings to $4.7 million from the $2.1 million loss last year.

Equity raising

GKE Corp launches $7 mil share placement to fund expansion plans in China

SINGAPORE (May 6): GKE Corporation is looking to raise some $7 million by issuing out 100 million new ordinary shares of the company at 7 cents per placement share to fund its expansion plans.
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