SAC Capital’s Lim Shu Rong has downgraded GKE Corp to “hold” from “buy”, together with a reduced target price of 12.3 cents from 17.1 cents previously, following the company’s 1HFY2022 earnings that missed expectations. For the company’s six months ended Nov 2021, earnings dropped by 4...

SAC Capital has downgraded GKE Corporation (595) to "hold" from "buy" after the integrated warehouse and logistics solutions provider's first half FY2022 results missed expectations.

CGS-CIMB analysts Ong Khang Chuen and Kenneth Tan have maintained their “add” rating on GKE Corp with a lowered target price of 16 cents from 21 cents previously. According to Ong and Tan, GKE’s net profit of $3.8 million for the 1HFY2022 ended Nov 30, 2021. The figure, which was a 41.5% y-o-y...

CGS-CIMB has lowered its target price for GKE Corporation from S$0.21 to S$0.16 to reflect lower revenue and margin assumptions on the China infrastructure materials segment, the brokerage stated in a research report on Tuesday (Jan 18).

Warehousing space provider GKE has reported a 41.5% y-o-y drop in earnings to $3.8 million, on the back of a 8.4% decline in revenue to $55 million for its 1HFY2022 ended 30 November 2021. The significant earnings drop was partly due to the reduction of some $2.2 million in government wage support c...

GKE Corporation, the integrated warehousing and logistics solutions provider, will be acquiring a 100% stake in Fair Chem Industries for $12.5 million. The target company is an established specialty chemicals warehouse operator with tolling and specialty chemical manufacturing capabilities in Singap...

WASHINGTON :The U.S. Commerce Department on Wednesday said it had placed a dozen more Chinese companies on its trade blacklist, citing national security concerns and in some cases their assistance to the Chinese military.The Commerce Department said Hangzhou Zhongke Microelectronics Co., Ltd., Hunan...

When the pandemic broke out last year, supply chains, already stretched by superpower trade tensions, took a beating as borders closed just as demand for food, medical supplies and online purchases surged. Twenty months on, what lessons have the world learnt? How have companies adapted to the change...

GKE Corporation has announced that its ready-mix concrete (RMC) manufacturing facility and construction material waste recycling plant located in Cenxi City, Guangxi, China have come online. In May 2019, GKE had announced the development of Cenxi Xing Jian Readymix Co, an RMC manufacturing facility ...

GKE Corp has released a stellar set of results for FY2021 ended May 31. The warehousing and logistics company has proposed a final (tax exempted) dividend 0.4 cent a share for FY2021, subject to shareholder approval. During the year, GKE’s earnings more than doubled to $11.5 million from $4.7 mill...