TBKS Holdings (01960) releases its interim results with a net loss attributable to shareholders of RM 6.168 million, a decrease of 38.97% year-on-year.

TBKS Holdings (01960) announced its interim results for the six months ending December 31, 2024. The group achieved a profit of 44.193 million ringgit, a decrease of 31.69% compared to the previous year. The company's attributable loss was 6.168 million ringgit, a decrease of 38.97% compared to the previous year. The loss per share was 0.62 ringgit. During the period, the group's revenue decreased by approximately 20.5 million ringgit or 31.7% from approximately 64.7 million ringgit in the previous year to approximately 44.2 million ringgit in the current period. The revenue from civil and structural engineering projects in Malaysia and China, as well as income from Petrochina and related product trades, contributed approximately 100% and 0% to the group's total revenue, respectively (compared to 91.8% and 8.2% in 2023).