On 21 February 2025, Riverstone Holdings Limited (“RS”) announced their full year result for FY2024. Noted from the previous quarter, their earnings per share is lower than the dividend paid out in the calendar year 2024. For the last three months before financial year end, there seems to be a slowdown in their financial performance. The total cash flow from operations is also insufficient, and RS saw a decrease in cash balances during the year. While RS had seen a better year in FY2024 as compared to the previous financial year, investors will need to monitor if there are further cuts to the dividend payout over the next few quarters.
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Website: Financial Statements And Related Announcement::Full Yearly Results
Website: General Announcement::Corporate Presentation FY2024
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Financial Highlights
Revenue
| Metrics |
Current |
Previous |
| Revenue |
+17.3% |
+16.0% |
| Rating |
Favorable |
Favorable |
Revenue for
FY2024 has
increased by
17.3% to
MYR1,072 million...
