Summary by Moomoo AI
RITAMIX HAS PUBLISHED ITS 2023 ANNUAL REPORT, WHICH COVERS THE COMPANY'S FINANCIAL SITUATION, OPERATING PERFORMANCE, MANAGEMENT DISCUSSION AND ANALYSIS, ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORTS. THE REPORT SHOWED THAT RITAMIX'S REVENUE IN 2023 AMOUNTED TO 117.8 MILLION RINGGIT, DOWN ABOUT 12.2% FROM THE PREVIOUS YEAR'S 134.2 MILLION RINGGIT; GROSS PROFIT WAS 26.1 MILLION RINGGIT, LOWER THAN THE PREVIOUS YEAR'S 31.9 MILLION RINGGIT. The profit before tax was 15.0 million hryvnias and the income tax expense was 4.0 million hryvnias, making the profit for the fiscal year 11.0 million, close to the 11.3 million hryvnias in the previous fiscal year. Total assets increased from 159.1 million hryvnias to 170.5 million hryvnias in the previous year. THE REPORT ALSO NOTED THAT IN THE CONTEXT OF INCREASING GLOBAL ECONOMIC CHALLENGES, RITAMIX CONTINUES TO FOCUS ON COST STRUCTURES AND GLOBAL ECONOMIC CHANGES AND REMAINS CAUTIOUSLY OPTIMISTIC ABOUT EXPLORING POTENTIAL BUSINESS OPPORTUNITIES IN MALAYSIA AND ABROAD.