RAFFLES INTERIOR (01376.HK) announced that for the six months ending June 30, 2024, the group's overall income decreased by approximately 54.1% to approximately 24.3 million Singapore dollars. The profit attributable to owners of the company is approximately 0.392 million Singapore dollars. The board of directors does not recommend the payment of any interim dividends for the six months ending June 30, 2024 (zero for the six months ending June 30, 2023).
For the six months ending June 30, 2024, the company primarily sells to C-end retail customers. The company has signed a long-term agreement with China Petroleum & Chemical Corporation, and expects to generate tens of millions of dollars in revenue this year, which will be recognized in the second half of 2024.