HKE Holdings reports wider loss despite revenue rise

HKE Holdings (HKEX: 1726) reported a loss of S$7.56 million for the six months ended December 31, 2024, compared to a loss of S$6.81 million in the same period last year. Despite the loss, revenue increased 27.5% to S$10.56 million, driven by growth in its Engineering Business. The gross profit fell to S$2.88 million, with a gross profit margin of 27.3%. The loss per share stood at 0.70 Singapore cents.