Greetings, fellow investors and market watchers!
Today, we’re diving deep into the latest financial performance of RHONG KHEN INTERNATIONAL BERHAD (RKIB) as they unveil their unaudited results for the third quarter ended 31 March 2025. This report provides a crucial look into how the Malaysian furniture giant is navigating the current economic landscape. While RKIB managed a marginal increase in revenue for the nine-month period, the latest quarter reveals a significant dip into a loss, largely influenced by seasonal factors and rising operational costs. Let’s break down the numbers and understand what’s really happening behind the scenes.
Understanding RKIB’s Latest Financials
Nine-Month Performance (Cumulative Quarter ended 31 March 2025 vs 2024)
Looking at the broader picture, RKIB’s revenue for the first nine months of its financial year showed a slight uptick, but profitability metrics faced headwinds. This indicates a challenging operating environment despite efforts to maintain sales.
Revenue
RM394.6 Million
(9M FY2025)
vs.
RM391.5 Million
(9M FY2024)
The Group’s revenue marginally increased by 0.8%, primarily driven by higher sales from furniture plants in Vietnam and sawmill plants. However, this was somewhat offset by the weakening of the US Dollar against the Malaysian Ringgit by 5.3%, impacting the translated value of overseas sales.
Gross Profit
RM47.8 Million
(9M FY2025
