SHH Resources Publishes 2026 Annual Report
Bitget2026/10/30 04:37- SHH Resources reported a wider loss for the year ended June 30, 2026, as weaker US furniture demand pressured margins.
- A stronger ringgit further reduced sales proceeds, while lower production volumes weakened fixed-cost absorption.
- No dividend was recommended amid weaker performance and market uncertainty.
- The Bangi property development remained on hold as the group prioritized furniture manufacturing.
- Subsidiary Pureyield Mining agreed to acquire 51% of Stellar Jewel Mining, diversifying into gold mining in Kelantan.
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