Rimbaco Group Global Limited (RIMBACO) expects to post a consolidated net profit attributable to shareholders of approximately RM15.80 million for the six-month period ended 30 April 2026, according to a profit alert released on 19 May 2026. This compares with RM3.20 million recorded a year earlier, representing a year-on-year increase of about 393.75%.
Management attributes the sharp earnings expansion to the completion of a fast-track project that carried a relatively higher profit margin during the reporting period.
The announcement was made amid an ongoing mandatory unconditional cash offer for all issued shares of RIMBACO by Aureole Halo Limited. Because the profit alert constitutes a profit forecast under Rule 10 of the Hong Kong Takeovers Code and has not been reported on by financial advisers or auditors, shareholders are urged to exercise caution when assessing the offer.
Key timetable: • 1 June 2026 – Board meeting to consider and approve the interim results for the six months ended 30 April 2026 and to deliberate on any interim dividend. • 1 June 2026 – Publication of the interim results announcement is expected.
The figures in the profit alert are based on unaudited consolidated management accounts and may be subject to adjustments following auditor review.
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