Rimbaco Group Global (HKG:1953) expects an attributable profit of up to 3.2 million ringgit for the six months ended April 30, compared with an attributable loss of 3.3 million ringgit a year prior, a Wednesday Hong Kong bourse filing said.
The contractor attributed the turnaround to profit mainly to a substantial descoping of a sizable factory project and profit contributed by a factory project.