RIMBACO (01953) announced its annual performance, with a net loss of 1.447 million ringgit, a 6.8% decrease year-on-year.
RIMBACO (01953) announced its financial performance for the year ending October 31, 2025, with revenue of 260 million ringgit, a decrease of 10.1% year-on-year; net loss of 1.447 million ringgit, narrowing by 6.8% year-on-year; basic loss per share of 0.11 sen ringgit, proposing a final cash dividend of 0.027 Hong Kong dollars per share.
RIMBACO (01953) released its annual financial results for the year ending October 31, 2025, with a revenue of 260 million ringgit, a 10.1% year-on-year decrease; a net loss of 1.447 million ringgit, a 6.8% year-on-year decrease; and a basic loss per share of 0.11 sen ringgit. It is proposed to pay a final cash dividend of 0.027 Hong Kong dollars per share.
The decrease in revenue for the period was mainly due to the completion of a large factory project in the 2025 financial year. The gross profit margin increased from approximately 1.4% in the 2024 financial year to approximately 5.1% in the 2025 financial year, mainly due to the completion of factory projects in the first half of 2025 and the new factory projects awarded in the 2025 financial year.
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