Radium's Q2 Profit Plunges 80% To RM489,000
Radium's Q2 Profit Plunges 80% To RM489,000
The company said it s cautiously optimistic that the financial performance of the year 2024 to be satisfactory despite challenging economic situations, e.g. the volatility in interest rate, political uncertainty and fluctuations in the prices of the building materials etc. which may have adverse effect on our business operations, financial position and performance.Property developer Radium registered revenue of RM30.6 million net profit off RM489,000 for the second quarter ended, this was however significntly lower from RM2.5 million in profit the company registered in Q2FY23 despite revenue being slightly higher.
房地產開發商Radium在截至的第二季度實現營業收入爲3060萬馬幣，淨利潤爲48.9萬馬幣，儘管營業收入略高，但其利潤仍比2023財年第二季度的250萬馬幣要低得多。
Net profit for the 1H also declined from RM5.5 million to RM2.4 million despite reveue being higehr at RM58 million.
1H的淨利潤從550萬馬幣下降到240萬馬幣，儘管收入較高，達到5800萬馬幣。
The company is currently developing the Suite Canselor and Residensi Desa Timur projects, which commenced their main building work during the current period. Compared to the preceding year ended in June, Radium cut down its marketing expenses from RM9.1 million in the same period of the preceding year to RM6.5 million in the current period under
review. This decrease was due to the recognition of advertisement expenses on the group's branding activities to promote its corporate identity in the preceding period.
該公司目前正在開發Suite Canselor和Residensi Desa Timur項目，並在當前期間開始主要建築工作。與截至6月份的前一年相比，Radium將其營銷費用從前一年同期的910萬馬幣削減至當前期間的650萬馬幣。
這種降低是由於在前一期間對集團品牌活動的廣告費用的確認，以促進其企業形象。
The company said it s cautiously optimistic that the financial performance of the year 2024 to be satisfactory despite challenging economic situations, e.g. the volatility in interest rate, political uncertainty and fluctuations in the prices of the building materials etc. which may have adverse effect on our business operations, financial position and performance.
該公司表示，儘管面臨利率波動、政治不確定性和建築材料價格波動等挑戰，但對2024年的財務表現持謹慎樂觀，這可能對我們的業務運營、財務狀況和績效產生不利影響。
譯文內容由第三人軟體翻譯。
