March 3, 2025 - 07:50
Fintec Global Berhad has announced its financial results for the second quarter of 2025, revealing a loss per share of RM0.028. This figure shows an improvement compared to the RM0.086 loss per share recorded in the same period last year. The company reported a significant decline in revenue, totaling RM495,000, which marks an 87% decrease from the previous year.
The drastic drop in revenue highlights ongoing challenges faced by the company, prompting a reassessment of its operational strategies. Despite the loss, the reduction in the loss per share indicates some progress in managing expenses and operational efficiency.
Management emphasized their commitment to navigating the current economic landscape and finding avenues for growth. Stakeholders are keenly watching how the company plans to rebound from these financial setbacks in the coming quarters. As Fintec Global Berhad continues to adapt, investors remain hopeful for a turnaround in its financial performance.
