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Rimbaco Group Global Limited ( (HK:1953) ) has issued an announcement.
Rimbaco Group Global Limited reported a decline in revenue to RM259.9 million for the year ended 31 October 2025 from RM289.2 million a year earlier, but its gross profit more than tripled to RM13.1 million as cost of services fell significantly. The Group turned a loss before tax of RM0.8 million in the prior year into a profit before tax of RM6.8 million, supported by higher gross margins and a small increase in contribution from an associate, though a sharp rise in income tax expense to RM8.3 million resulted in a net loss of RM1.4 million, slightly narrower than the previous year’s RM1.6 million loss; overall comprehensive loss narrowed as well, signalling operational improvement despite continued bottom-line pressure for shareholders.
The most recent analyst rating on (HK:1953) stock is a Hold with a HK$0.20 price target. To see the full list of analyst forecasts on Rimbaco Group Global Limited stock, see the HK:1953 Stock Forecast page.
More about Rimbaco Group Global Limited
Rimbaco Group Global Limited is a Malaysia-based group listed in Hong Kong, operating through subsidiaries that provide services generating revenue in Malaysian Ringgit, indicating a focus on service-based operations within the Malaysian market.
Average Trading Volume: 717,982
Technical Sentiment Signal: Buy
Current Market Cap: HK$289.8M
For detailed information about 1953 stock, go to TipRanks’ Stock Analysis page.