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RIMBACO(01953.HK)2023财年收益增加约7.32%至约5.1亿令吉

RIMBACO (01953.HK) revenue for fiscal year 2023 increased by about 7.32% to approximately RM510 million

Gelonghui Finance ·  Jan 23 19:43

On January 23, GLONGHUI | RIMBACO (01953.HK) announced that the Group's revenue increased by about RM34.8 million (or 7.32%) from approximately RM475.6 million in FY2022 to approximately RM510.4 million in FY2023. This increase is mainly due to a major factory project that was almost completed in FY2023.

The gross margin increased from about 1.0% in FY2022 to about 6.6% in FY2023, mainly due to the relatively low sales cost of a large-scale factory project that was basically completed in FY2023.

Profit attributable to company owners in FY2023 was approximately RM20.0 million, an increase of approximately RM19.8 million compared to approximately RM0.2 million in FY2022.

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