Ritamix Global Reports Lower Mid-Year Profits

Ritamix Global Limited (HK:1936) has released an update.

Ritamix Global Limited has reported a decrease in profit for the first half of 2024, with unaudited figures showing a drop from 5,541 RM’000 to 4,074 RM’000 compared to the same period in 2023. The company’s revenue saw a slight increase, but higher costs and expenses, including a rise in administrative and other operating expenses, impacted the bottom line. Their total comprehensive income also fell, from 6,317 RM’000 in 2023 to 4,444 RM’000 in 2024.

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