Summary by Moomoo AI
RITAMIX Limited (RITAMIX) has released its 2024 interim financial report, showing a slight increase in revenue to about 596 million ringgit for the six months ended June 30, 2024, while gross profit has slightly decreased. The net profit for the period is around 41 million ringgit, a decrease of about 14 million ringgit compared to the same period last year. The total assets of the company are around 177.2 million ringgit, with total equity of about 164.6 million ringgit. No dividends were declared by the company during the reporting period. There have been changes in the board of directors, with Ms. Tee Pao Hwei appointed as an independent non-executive director on June 26, 2024, while Mr. Lim Heng Choon retired on the same day. The company's stock code is 1936, with its main business involving the distribution and production of animal fodder additives and human food ingredients. The company is headquartered in Malaysia, with its main operations located in Hong Kong.
