TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest announcement is out from Rimbaco Group Global Limited ( (HK:1953) ).
Rimbaco Group Global Limited has reported its audited consolidated financial results for the fiscal year ending October 31, 2024. The company experienced a significant drop in revenue from RM510.4 million in 2023 to RM289.2 million in 2024, resulting in a net loss of RM1.6 million compared to a profit of RM20 million the previous year. This decline in financial performance may impact the company’s market position and stakeholder confidence.
More about Rimbaco Group Global Limited
YTD Price Performance: -3.15%
Average Trading Volume: 226,829
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$155M
See more data about 1953 stock on TipRanks’ Stock Analysis page.