Rimbaco Group Global Ltd. has announced its unaudited interim consolidated results for the six months ended 30 April 2025. The Group reported a gross profit of 6.273 million, a significant improvement compared to a gross loss of 2.201 million during the same period in the previous year. Profit before tax was recorded at 4.508 million, contrasting with a loss before tax of 3.313 million in the prior year. The net profit attributable to the owners of the Company amounted to 3.163 million, showing a marked recovery from a net loss of 3.313 million in the previous year. Revenue for the period was derived from the provision of building construction services. The Group is committed to completing its construction contracts within the stipulated timeline or any approved extensions, as agreed in the letters of award. The Company is in the process of assessing the impact of new and amended International Financial Reporting Standards that are yet to be adopted but have been issued. The Group is also evaluating the potential effects of these standards on its financial results and position.
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