TBKS HLDGS (01960) announced its annual results for the year ended June 30, 2025. The group recorded revenue of RM97.408 million, representing a decrease of 66.19% compared to the previous year. Loss attributable to owners of the company was RM28.338 million, down 13.46% year-on-year. Loss per share stood at 2.83 RM sen.

The improvement in financial performance for the fiscal year was primarily attributed to the combined effects of increased gross profit despite the significant revenue decline during the fiscal year, a substantial reduction in net impairment losses on expected credit losses for trade receivables, contract assets and other receivables from approximately RM22.1 million in the fiscal year ended June 30, 2024 to approximately RM17.4 million in the current fiscal year, and a significant decrease in administrative expenses incurred by the group during the fiscal year.