Gelonghui June 27th 丨RIMBACO (01953.HK) announcement,The Group's revenue decreased by approximately 16.1% from approximately RM262 million in the first half of fiscal year 2022 to approximately RM220 million in the first half of fiscal year 2023. This decrease is mainly due to the completion of a major institutional project in the first half of fiscal year 2022.The Group reported that the profit due to company owners in the first half of fiscal year 2023 was about RM8.2 million, an increase of about 46.4% over the previous year.Earnings of 0.65 cents per share.
The Group's operating background continues to be challenging due to intense competition for contract projects available in the market. Looking ahead, the Group will continue to focus on project implementation and execution to ensure timely delivery of quality projects to maintain the company's reputation. In an uncertain economy, the Group will continue to seek opportunities for order growth to ensure sustainable profits. The Group has the necessary financial resources to seize future opportunities and meet future challenges.