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TBKS HLDGS (01960) announced annual results. Shareholders' losses amounted to RM32.953 million, an increase of 16.3% year-on-year
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According to the Zhitong Finance App, TBKS HLDGS (01960) announced results for the year ended June 30, 2026, with revenue of RM75.398 million, down 22.6% year on year; loss attributable to company owners was RM32.953 million, up 16.3% year on year; basic loss per share of RM3.30 cents.

The deterioration in financial results in this fiscal year was mainly due to (i) a decrease in gross profit of approximately RM4.9 million due to a decrease in the Group's revenue in the fiscal year; (ii) an increase in net impairment loss (after deduction and return) of trade receivables, contract assets, other receivables and bank balances under the anticipated credit loss model from approximately RM17.4 million in the fiscal year ended June 30, 2025 to RM21 million (iii) impairment losses on property, plant and equipment and rights of use assets (2025: none)), (iv) acceptance notes Interest is approximately RM5.6 million (2025: none), and (v) the combined effect of confirming the proceeds from the sale of land of approximately RM6.8 million.

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