Rimbaco Group Global Limited provides unaudited consolidated earnings guidance for the six months ended 30 April 2022. For the period, the company expects a decrease in the profit attributable to the owners of the Company of not less than 55% for the Relevant Period as compared to the profit attributable to the owners of the Company of approximately RM14.8 million for the corresponding period in 2021. The decrease in profit for the Relevant Period was mainly attributable to the decrease in the gross profit margin due to the increase in cost of sales as a result of (i) increase in material price; and (ii) increase in labour cost and subcontractor cost due to market shortage of construction workers in Malaysia.