TBKS HLDGS released its annual performance, with a loss attributable to shareholders of 28.338 million ringgit, a year-on-year decrease of 13.46%
TBKS HLDGS released its annual performance for the period ending June 30, 2025, reporting a revenue of MYR 97.408 million, a year-on-year decrease of 66.19%; a loss attributable to shareholders of MYR 28.338 million, a year-on-year decrease of 13.46%; and a loss per share of MYR 0.0283. Despite the significant decrease in revenue, gross profit increased, expected credit loss impairment significantly decreased, and administrative expenses were notably reduced, leading to an improvement in financial performance
According to the Zhitong Finance APP, TBKS HLDGS (01960) released its annual performance report for the year ending June 30, 2025. The group achieved revenue of 97.408 million Malaysian Ringgit, a decrease of 66.19% year-on-year; the loss attributable to shareholders was 28.338 million Malaysian Ringgit, a decrease of 13.46% year-on-year; the loss per share was 2.83 Malaysian cents.
The improvement in financial performance for the fiscal year was mainly due to an increase in gross profit despite a significant decrease in revenue compared to the previous year. The net impairment loss on expected credit losses for trade receivables, contract assets, and other receivables decreased significantly from approximately 22.1 million Malaysian Ringgit for the fiscal year ending June 30, 2024, to approximately 17.4 million Malaysian Ringgit for the current fiscal year, along with a substantial reduction in administrative expenses incurred by the group during the current fiscal year
