Ramssol Group Berhad reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was MYR 17.31 million compared to MYR 10.13 million a year ago. Net income was MYR 4.35 million compared to MYR 2.21 million a year ago. Basic earnings per share from continuing operations was MYR 0.0137 compared to MYR 0.009 a year ago. Diluted earnings per share from continuing operations was MYR 0.0089 compared to MYR 0.009 a year ago.
For the six months, sales was MYR 31.73 million compared to MYR 16.58 million a year ago. Net income was MYR 8.53 million compared to MYR 4.31 million a year ago. Basic earnings per share from continuing operations was MYR 0.0267. Diluted earnings per share from continuing operations was MYR 0.0173.
Ramssol Group Berhad is a Malaysia-based investment holding company. The Company, through its subsidiaries, focuses on business digitalization, automation, human capital management (HCM) solutions, student management solutions, information technology (IT) staff augmentation services, and technology applications. Its geographical segments include Malaysia, Singapore, Thailand, and others. The Companyâs business segments are PeopleTech, EduTech, AutoTech, FinTech, and MarTech. PeopleTech focuses on human resources, providing HR solutions. EduTech provides EnGo software for enforcement and compliance-related education. AutoTech offers RiderGate software for motorcycle trading for both individuals and dealers. FinTech provides EWA software for employee financing. MarTech focuses on the marketing sector, offering multimedia solutions. Its subsidiaries are Rams Solutions Sdn. Bhd., Rams Edutech Sdn. Bhd., Rams Fintech Sdn. Bhd., Rider Gate Sdn. Bhd., and Infinite Loop Media Sdn. Bhd.
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