BitStrat Holdings Ltd. Reports 2.7% Decline in Revenue to RM45.2 Million for H1 2025

Reuters09-26
BitStrat Holdings Ltd. Reports 2.7% Decline in Revenue to RM45.2 Million for H1 2025

BitStrat Holdings Ltd. reported its financial results for the six months ended 30 June 2025. The company recorded revenue of RM45.224 million, compared to RM46.479 million in the same period of 2024, representing a decrease of RM1.255 million. Other income for the period was RM0.927 million, down from RM1.277 million a year earlier. The company reported other losses totaling RM0.198 million, compared to a loss of RM0.127 million in the prior-year period. Staff costs were RM27.615 million, which is a decrease from RM29.826 million in the same period last year. Depreciation expenses rose to RM2.672 million from RM2.401 million in the prior period. There were changes in the board of directors, with Mr. Luo Zuchun appointed as Chairman, and Mr. Chen Jiajun and Ms. Liu Mei joining as directors on 26 June 2025. Mr. Ng Chee Wai retired, and Mr. Kwan Kah Yew resigned from the board on the same date. No outlook or guidance was provided in the report.

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