CR Construction’s revenue declined 15% in FY2023

The company’s net profit also decreased 1.0% in FY2023.

CR Construction reported a revenue of $5.4m in FY2023, declining 15% from the $6.4m recorded in FY2022.

Net profit also decreased 1% to $72.7m whilst the gross profit increased 19.3% to $306m as compared to the previous year.

CR Construction’s gross profit margin was 5.6%, increasing 1.6 percentage points (ppts) from the 4% previously.

Earnings per share for the period stood at $0.1438 whilst the declared final dividend was $0.018 per share.

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