RITAMIX (01936) announces a profit upgrade, expecting the net profit attributable to shareholders for the first half of the year to exceed 7 million Malaysian Ringgit.
Litami (01936) announced that for the period ending June 30, 2026, the profit attributable to the company's equity holders is expected to increase to over RM 7 million, compared to approximately RM 5.2 million for the period ending June 30, 2025. The Board of Directors believes that this improvement is mainly driven by several key factors: (i) the successful launch of a range of new products last year, leading to increased revenue for the group; (ii) a rise in gross profit alongside sales growth and improvements in gross profit margin; and (iii) a decrease in project expenditures related to investments in Matou Village, Dongjiao Town, Wenchang City, Hainan Province, China.
RITAMIX (01936) announced that for the period ending on June 30, 2026, the profit attributable to equity holders of the company is expected to increase to over RM 7 million, compared to approximately RM 5.2 million for the period ending June 30, 2025. The Board believes that the improvement is primarily driven by several key factors: (i) the successful launch of a series of new products last year, leading to increased group revenue; (ii) an increase in gross profit alongside higher sales and improvements in gross profit margin; (iii) a reduction in project expenditures related to investments in Matao Village, Dongjiao Town, Wenchang City, Hainan Province, China.
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