Radium's Q2 Profit Plunges 80% To RM489,000
Radium's Q2 Profit Plunges 80% To RM489,000
Property developer Radium registered revenue of RM30.6 million net profit off RM489,000 for the second quarter ended, this was however significntly lower from RM2.5 million in profit the company registered in Q2FY23 despite revenue being slightly higher.
房地产开发商Radium在截止的第二季度实现了3060万马币的营业收入，净利润达到489,000马币。然而，尽管收入略有增加，但公司在Q2FY23注册的250万马币利润较低。
Net profit for the 1H also declined from RM5.5 million to RM2.4 million despite reveue being higehr at RM58 million.
1H的净利润从550万马币下降到240万马币，尽管收入为5800万马币。
The company is currently developing the Suite Canselor and Residensi Desa Timur projects, which commenced their main building work during the current period. Compared to the preceding year ended in June, Radium cut down its marketing expenses from RM9.1 million in the same period of the preceding year to RM6.5 million in the current period under
review. This decrease was due to the recognition of advertisement expenses on the group's branding activities to promote its corporate identity in the preceding period.
该公司目前正在开发Suite Canselor和Residensi Desa Timur项目，这两个项目在当前时期开始主要建设工作。与截至6月份的去年相比，Radium在当前时期的市场营销费用从去年同期的910万马币削减到650万马币。
此减少是由于在上一期间承认广告费用用于集团的品牌活动，以推广其公司形象。
The company said it s cautiously optimistic that the financial performance of the year 2024 to be satisfactory despite challenging economic situations, e.g. the volatility in interest rate, political uncertainty and fluctuations in the prices of the building materials etc. which may have adverse effect on our business operations, financial position and performance.
该公司表示，尽管存在利率波动、政治不确定性以及建筑材料价格等因素对业务运营、财务状况和绩效产生不利影响的挑战，但对2024年的财务表现持谨慎乐观的态度。