According to the Zhitong Finance App, RIMBACO (01953) announced the interim results for the six months ended April 30, 2023. The group obtained revenue of RM220 million during the period, a decrease of 16.05%; shareholders' profit of RM8.247 million, an increase of 48.46% over the previous year; basic profit of RM0.65 cents per share; and plans to pay an interim dividend of RM0.0182 per share.
According to the announcement, the decline in earnings was mainly due to the completion of a large-scale institutional project in the first half of fiscal year 2022.