BREAKING:

Renaissance United Limited reports a net loss for it's first quarter financial year 2026. This is primarily due to continued margin pressure and reduced installation revenue in the Group's China gas distribution business, linked to a construction downturn. The Electronics and Trading segment also saw lower revenue because of weaker customer demand.

• The company reports a net loss for the first quarter 2026

• Its China gas distribution business faced significant margin pressure and a drop in installation revenue

• Weaker customer demand impacted the Electronics and Trading segment's performance

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BREAKING:

Renaissance United Limited experienced a challenging financial year, with its overall financial performance showing a significant decline in revenue and a widening of its losses, influenced by various operational and market factors.

• Key business segments, including natural gas sales and real estate development, faced a downturn, impacting the Group's overall top-line figures
• Despite efforts to reduce expenditures and improve efficiency, the company's profitability faced increasing headwinds, leading to a larger comprehensive loss compared to the prior year
• The Group is actively navigating these challenges by strategically expanding into new markets and diversifying its property and marketing ventures to foster future growth and positive cash flows

There will be an AGM on

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For more information, click here: RENAISSANCE UNITED LIMITED 2023 AGM