GKE Corporation

02 Apr 2021 08:24 #25666 by josephyeo
Replied by josephyeo on topic GKE Corporation
The company is basically involved in warehousing and infrastural materials, namely Ready Mixed Concrete (RMC).

Both segments are doing well. As per management comments,

1) the warehouse is operating at optimal occupancy and

2) Infrastructural materials and services segment continues to register
strong earnings growth on the back of China's economic recovery.
Production capacity has been increased from 800,000m cubic to 1,200,000m3.

It's a clear case of a turnaround company with a half-year profit of S$6.5 million which is much higher than last year's full-year profit of S$4.7 million.

For info only. Dyodd.

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