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IOT Group Ltd. reports sharp decline in IoT Smart Home and Gadget Distribution sales","url":"https://stock-news.laohu8.com/highlight/detail?id=2580416944","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2580416944?lang=en_us&edition=fundamental","pubTime":"2025-11-01 04:31","pubTimestamp":1761942716,"startTime":"0","endTime":"0","summary":"ARB IOT Group Ltd. reported revenue from IoT Smart Home and Building of RM0.5 million  for the year ended June 30, 2024, compared to RM2.5 million  for the year ended June 30, 2023, reflecting a decrease of RM2.0 million  or 81.2 percent. Revenue from IoT Gadget Distribution was RM5.7 million  for the year ended June 30, 2024, down from RM20.1 million  for the prior year, a decrease of RM14.4 million  or 71.6 percent. The IoT Gadget Distribution business line was disposed of in October 2023 following the sale of ARB Midware Sdn. Bhd. and ARB Distribution Sdn. Bhd. due to its insignificant profit generation. The company operates through two reportable segments: provision of hardware and software of IoT solutions, and investment holding and others. ARB IOT Group Ltd. is a holding company and its ability to pay dividends depends on payments from its subsidiaries. The company stated there are no trends or uncertainties likely to have a material effect on financial results other than those ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251031:nNDL6jxzH0:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4134","ARBB"],"gpt_icon":0},{"id":"2542387421","title":"ARB IOT Group Price Target Announced at $20.00/Share by Maxim Group","url":"https://stock-news.laohu8.com/highlight/detail?id=2542387421","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2542387421?lang=en_us&edition=fundamental","pubTime":"2025-06-09 21:27","pubTimestamp":1749475620,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/ARBB/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 09, 2025 09:27 ET (13:27 GMT)","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ARB","ARBB","IOT"],"gpt_icon":0},{"id":"2539257772","title":"ARB IOT Group Ltd. Announces 1-for-15 Reverse Stock Split to Meet NASDAQ Requirements","url":"https://stock-news.laohu8.com/highlight/detail?id=2539257772","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539257772?lang=en_us&edition=fundamental","pubTime":"2025-05-29 20:00","pubTimestamp":1748520033,"startTime":"0","endTime":"0","summary":"ARB IOT Group Ltd.  has announced a reverse share split, consolidating fifteen Ordinary Shares into one, effective June 2, 2025. This move aims to boost the per share trading price to meet NASDAQ's $1.00 minimum bid price requirement. Post-split, the company will have roughly 1,765,276 Ordinary Shares outstanding, while maintaining the same trading symbol \"ARBB\".Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ARB IOT Group Ltd. published the original content used to generate this news brief via GlobeNewswire  on May 29, 2025, and is solely responsible for the information contained therein.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250529:nNDL8kNFQz:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4588","BK4134","ARBB","IE00B3QW5Z07.USD","BK4112","LU2210150020.SGD","IE00B64PRP62.GBP","IE00BKPKM429.USD","LU2095319765.USD","NDAQ","BK4585","LU2210149790.SGD","IE00BGHQF748.EUR"],"gpt_icon":0}],"pageSize":4,"totalPage":1,"pageCount":1,"totalSize":3,"code":"91000000","status":"200"}],"@#url:\"https://hq.skytigris.cn/market/plate/belongs/ARBB\",params:#limit:6,delay:false,,,undefined,":[]}}