GKE Corp expects 1HFY2025 earnings to be a 'significant' increase over 1HFY2024

The company, which operates warehouses and produces readymix concrete, says the stronger earnings can be attributed to "better business performance".

In addition, the company is booking a one-off disposal gain from the divestment of rights to a limestone mine in China.

Back in May 2019, GKE paid RMB5.05 million ($946,116.49) for the rights to mine for 9.5 years.

GKE expects to report its 1HFY2025 results on or before Jan 14.

See also: Newly-listed Lum Chang Creations earnings surge to $12.9 mil for FY2025; proposes final dividend of 2.2 cents

GKE Corp shares closed at 7.9 cents on Jan 2, up 2.6% for the day, and is up 12.86% over the past 12 months.