Litami: It is expected that the net profit in the first half of 2026 will exceed 7 million ringgit, an increase compared to the same period last year.
LITMI announcement expects that for the six months ending June 30, 2026, the profit attributable to equity holders of the company will increase to over RM 7 million, compared to approximately RM 5.2 million for the six months ending June 30, 2025. The board believes that the improvement is mainly attributable to the successful launch of a range of new products driving revenue growth, an increase in gross profit with rising sales, improved gross margins, and a reduction in project expenditures related to investments in Wenchang City, Hainan Province.
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