ARB IOT Group Ltd(ARBB),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community - To The Moon

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ARBB ARB IOT Group Ltd

Trading 01-20 10:12:08 EST

5.76

-0.36

-5.88%

High5.93	Low5.76	Vol5.82K
Open5.93	D1 Closing6.12	Amplitude2.78%
Mkt Cap10.17M	Tradable Cap5.04M	Total Shares1.77M
T/O34.12K	T/O Rate0.67%	Tradable Shares874.26K
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

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Revenue from IoT Gadget Distribution was RM5.7 million  for the year ended June 30, 2024, down from RM20.1 million  for the prior year, a decrease of RM14.4 million  or 71.6 percent. The IoT Gadget Distribution business line was disposed of in October 2023 following the sale of ARB Midware Sdn. Bhd. and ARB Distribution Sdn. Bhd. due to its insignificant profit generation. The company operates through two reportable segments: provision of hardware and software of IoT solutions, and investment holding and others. ARB IOT Group Ltd. is a holding company and its ability to pay dividends depends on payments from its subsidiaries. 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