According to the Smart Finance APP, linocraft hldgs (08383) announced that as of May 31, 2023, the total revenue of the group reached approximately 0.15 billion Malaysian ringgit, a decrease of about 23.4% year-on-year; a net loss of about 22.715 million Malaysian ringgit, while a profit of 12.994 million Malaysian ringgit was achieved in the same period last year; loss per share of 2.84 sen Malaysian ringgit.
It is reported that the decrease in revenue is mainly due to a decrease in demand from major customers.
