RITAMIX Projects Over 34% Profit Surge for First Half Fiscal Year

Stock News08-07

RITAMIX (01936) has issued a positive profit alert, indicating that net profit attributable to equity holders for the period ending 30 June 2026 is expected to exceed 7 million ringgit. This marks a significant increase from the approximately 5.2 million ringgit reported for the corresponding period ending 30 June 2025.

The board attributes the anticipated improvement to several key factors. First, the successful launch of a series of new products last year has driven a notable increase in the company's overall revenue. Second, the gross profit has risen in tandem with higher sales volumes, accompanied by an improvement in the gross profit margin. Third, the company has experienced a reduction in project-related expenses linked to its investment in the Matou Village, Dongjiao Town, Wenchang City, Hainan Province, China.

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