Summary by Futu AI
RITAMIX Limited (RITAMIX) has released its mid-year financial report for 2024, showing a slight increase in revenue to approximately 59.6 million Malaysian Ringgit for the six months ending June 30, 2024, while gross profit has slightly decreased. The net profit for the period is approximately 4.1 million Malaysian Ringgit, a decrease of about 1.4 million Malaysian Ringgit compared to the same period last year. The total assets of the company are around 177.2 million Malaysian Ringgit, with total equity of around 164.6 million Malaysian Ringgit. No dividends were distributed by the company during the reporting period. There have been changes in the board of directors, with Ms. Tee Pao Hwei being appointed as an independent non-executive director on June 26, 2024, while Mr. Lim Heng Choon retired on the same day. The company's stock code is 1936, with its main businesses including the distribution and production of animal fodder additives and human food ingredient products. The company is headquartered in Malaysia, with its primary business location in Hong Kong.
