Worldgateglobal (08292) announced its performance for the six months ending on June 30, 2024, and achieved revenue...
According to the financial report released by Worldgateglobal (08292), the revenue for the six months ended on June 30, 2024 was about MYR 36.202 million, a decrease of about 29.0% year-on-year; the attributable loss of company shareholders was approximately MYR 6.404 million, an increase of 0.55% year-on-year; basic loss per share was MYR 1.01 cents.
For the six months ended on June 30, 2024 and 2023, the total revenue from comprehensive logistics services for the group was about MYR 16.1 million and 12.8 million, respectively. For the six months ended on June 30, 2024, approximately 26.3% and 67.0% of the revenue from comprehensive logistics services for the group came from air transportation and marine transportation services, respectively. For the six months ended on June 30, 2023, approximately 30.0% and 65.5% of the revenue from comprehensive logistics services for the group came from air transportation and marine transportation services, respectively.
Compared with the same period in 2023, the revenue from comprehensive logistics services for the six months ended on June 30, 2024 increased by about 25.5%, or about MYR 3.3 million. This increase was mainly due to an increase in revenue from marine transportation agency, which increased by about MYR 2.4 million compared to the previous period.