Rce Capital Bhd.: Q1 quarter report… (Bursa Malaysia: RCECAP)

RCE Capital Berhad
Registration No: 195301000151 (2444-M)				Interim Financial Report
Incorporated in Malaysia				1st Quarter Ended 30 June 2025
SUMMARY OF KEY FINANCIAL INFORMATION FOR THE FINANCIAL PERIOD ENDED 30 JUNE 2025
		INDIVIDUAL QUARTER		CUMULATIVE QUARTER
		30.06.2025	30.06.2024	30.06.2025	30.06.2024
		RM'000	RM'000	RM'000	RM'000
1.	Revenue	79,786	79,115	79,786	79,115
2.	Profit before tax	35,503	40,446	35,503	40,446
3.	Profit for the financial period	25,989	30,324	25,989	30,324
4.	Profit attributable to
	ordinary equity holders
	of the Company	25,989	30,324	25,989	30,324
5.	Basic earnings per
	ordinary share (sen)	1.77	2.07*	1.77	2.07*
6.	Proposed/Declared dividend
	per share (sen)	-	-	-	-
		AS AT END OF		AS AT PRECEDING
			CURRENT		FINANCIAL
			QUARTER		YEAR END
7.	Net assets per share attributable
	to ordinary equity holders of
	the Company (RM)		0.55		0.57
		INDIVIDUAL QUARTER		CUMULATIVE QUARTER
		30.06.2025	30.06.2024	30.06.2025	30.06.2024
		RM'000	RM'000	RM'000	RM'000
8.	Gross interest income	2	1	2	1
9.	Gross interest expense	51	39	51	39
*	Restated to reflect the issuance of 741,066,767 new shares ("Bonus Shares") which was completed on 26 September 2024 for comparative purpose.

RCE Capital Berhad
Registration No: 195301000151 (2444-M)			Interim Financial Report
Incorporated in Malaysia			1st Quarter Ended 30 June 2025
CONDENSED STATEMENT OF COMPREHENSIVE INCOME
	INDIVIDUAL QUARTER		CUMULATIVE QUARTER
	3 MONTHS ENDED		3 MONTHS ENDED
	30.06.2025	30.06.2024	30.06.2025	30.06.2024
	RM'000	RM'000	RM'000	RM'000
Profit income	71,194	72,026	71,194	72,026
Other revenue	8,592	7,089	8,592	7,089
Revenue	79,786	79,115	79,786	79,115
Other income	7,980	8,816	7,980	8,816
Profit expense applicable to revenue	(24,180)	(25,512)	(24,180)	(25,512)
Directors' remuneration and staff costs	(7,531)	(7,304)	(7,531)	(7,304)
Allowances for impairment loss on
receivables, net	(11,320)	(7,747)	(11,320)	(7,747)
Depreciation of plant and equipment and
right-of-use ("ROU") assets	(1,028)	(1,056)	(1,028)	(1,056)
Amortisation of intangible asset	(279)	-	(279)	-
Other expenses	(7,874)	(5,827)	(7,874)	(5,827)
Finance costs	(51)	(39)	(51)	(39)
Profit before tax	35,503	40,446	35,503	40,446
Income tax expense	(9,514)	(10,122)	(9,514)	(10,122)
Profit/Total comprehensive income
for the financial period	25,989	30,324	25,989	30,324
Attributable to:				30,324
Owners of the Company	25,989	30,324	25,989	30,324
Earnings per ordinary share (sen):
Basic	1.77	2.07*	1.77	2.07*
Diluted	1.77	2.06*	1.77	2.06*
* Restated to reflect the issuance of 741,066,767 Bonus Shares which was completed on 26 September 2024 for comparative purpose.
The Condensed Statement of Comprehensive Income should be read in conjunction with the audited financial statements of the Company for the financial year ended 31 March 2025 and the accompanying explanatory notes attached to the interim financial report.

RCE Capital Berhad
Registration No: 195301000151 (2444-M)	Interim Financial Report
Incorporated in Malaysia	1st Quarter Ended 30 June 2025
CONDENSED STATEMENT OF FINANCIAL POSITION
	AS AT	AS AT
	30.06.2025	31.03.2025
	RM'000	RM'000
ASSETS
Non-Current Assets
Plant and equipment	4,274	4,911
ROU assets	2,185	2,518
Intangible assets	49,966	50,244
Financing receivables	1,714,136	1,722,953
Deferred tax assets	86,345	90,705
Total Non-Current Assets	1,856,906	1,871,331
Current Assets
Financing receivables	229,060	227,111
Trade receivables	52,131	54,850
Other receivables, deposits and prepaid expenses	74,547	65,385
Deposits with licensed financial institutions	659,141	625,626
Cash and bank balances	225,940	141,855
Total Current Assets	1,240,819	1,114,827
TOTAL ASSETS	3,097,725	2,986,158
EQUITY AND LIABILITIES
Equity attributable to owners of the Company
Share capital	204,881	204,881
Treasury shares	(4,948)	(4,948)
Reserves	614,187	639,581
Total Equity	814,120	839,514
Non-Current Liabilities
Payables and accrued expenses	4,228	4,228
Hire-purchase payables	438	532
Financing liabilities	1,183,883	1,132,397
Lease liabilities	32	36
Deferred tax liabilities	38,209	46,427
Total Non-Current Liabilities	1,226,790	1,183,620
Current Liabilities
Payables and accrued expenses	25,620	29,732
Hire-purchase payables	369	365
Financing liabilities	1,018,600	925,635
Lease liabilities	773	1,018
Tax liabilities	11,453	6,274
Total Current Liabilities	1,056,815	963,024
Total Liabilities	2,283,605	2,146,644
TOTAL EQUITY AND LIABILITIES	3,097,725	2,986,158
NET ASSETS PER SHARE (RM)	0.55	0.57
The Condensed Statement of Financial Position should be read in conjunction with the audited financial statements of the Company for the financial year ended 31 March 2025 and the accompanying explanatory notes attached to the interim financial report.

	Share Capital	Treasury Shares	Scheme ("ESS")	Retained Earnings	Total Reserves	Total
	RM'000	RM'000	RM'000	RM'000	RM'000	RM'000
As at 1 April 2024	201,917	(4,948)	2,941	629,863	632,804	829,773
Total comprehensive income	-	-	-	30,324	30,324	30,324
Transactions with owners
Dividends	-	-	-	(51,300)	(51,300)	(51,300)
Options under ESS:
- Granted	-	-	281	-	281	281
- Exercised	-	-	(1,712)	(3,031)	(4,743)	(4,743)
- Cancelled	- -		(184) 89		(95) (95)
Total transactions with owners	-	-	(1,615)	(54,242)	(55,857)	(55,857)

As at 30 June 2024	201,917	(4,948)	1,326	605,945	607,271	804,240
As at 1 April 2025	204,881	(4,948)	4,694	634,887	639,581	839,514
Total comprehensive income	-	-	-	25,989	25,989	25,989
Transactions with owners
Dividends	-	-	-	(51,381)	(51,381)	(51,381)
Options under ESS:
- Exercised	-	-	(7)	5	(2)	(2)
- Cancelled	- -		(105) 105		- -
Total transactions with owners	-	-	(112)	(51,271)	(51,383)	(51,383)

As at 30 June 2025	204,881	(4,948)	4,582	609,605	614,187	814,120

RCE Capital Berhad
Registration No: 195301000151 (2444-M)	Interim Financial Report
Incorporated in Malaysia	1st Quarter Ended 30 June 2025
CONDENSED STATEMENT OF CASH FLOWS
CU	MULATIVE	CUMULATIVE
	QUARTER	QUARTER
	30.06.2025	30.06.2024
	RM'000	RM'000
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before tax	35,503	40,446
Adjustments for:
Allowances for impairment loss on receivables, net	11,320	7,747
Depreciation of plant and equipment and ROU assets	1,028	1,056
Amortisation of intangible asset	279	-
Finance costs	51	39
ESS expense	-	210
Profit and interest income from deposits and bank balances	(6,484)	(7,101)
Operating profit before working capital changes	41,697	42,397
(Increase)/Decrease in working capital:
Financing receivables	(4,462)	20,557
Trade receivables	2,729	1,688
Other receivables, deposits and prepaid expenses	(1,637)	4,237
(Decrease)/Increase in working capital:
Payables and accrued expenses	(1,810)	3,419
Cash generated from operations	36,517	72,298
Taxes paid	(16,540)	(18,765)
Taxes refunded	541	-
Net cash generated from operating activities	20,518	53,533
CASH FLOWS FROM INVESTING ACTIVITIES
Profit and interest income from deposits and bank balances	6,484	7,101
Additions to plant and equipment	(167)	(104)
Net cash generated from investing activities	6,317	6,997

RCE Capital Berhad
Registration No: 195301000151 (2444-M)	Interim Financial Report
Incorporated in Malaysia	1st Quarter Ended 30 June 2025
CONDENSED STATEMENT OF CASH FLOWS
CU	MULATIVE	CUMULATIVE
	QUARTER	QUARTER
	30.06.2025	30.06.2024
	RM'000	RM'000
CASH FLOWS FROM FINANCING ACTIVITIES
Drawdown of:
- revolving credits	357,500	212,500
- term financings/loans	-	50,000
- other financing liabilities	-	426
Issuance of Sukuk Murabahah ("Sukuk")	100,000	-
Repayments of:
- revolving credits	(269,900)	(185,700)
- term financings/loans	(45,092)	(42,210)
- lease liabilities	(249)	(236)
- hire-purchase payables	(90)	(85)
- other financing liabilities	-	(426)
Dividends paid	(51,381)	(51,300)
(Placements)/withdrawal of deposits, cash and bank balances, net:
- assigned in favour of the trustees	(31,708)	(27,698)
- pledged to licensed financial institutions	2,326	(4,220)
Cash settlement for ESS	(1)	(5,725)
Finance costs paid	(22)	(39)
Net cash generated from/(used in) financing activities	61,383	(54,713)
Net change in cash and cash equivalents	88,218	5,817
Cash and cash equivalents at beginning of financial period	77,723	47,887
Cash and cash equivalents at end of financial period	165,941	53,704
CASH AND CASH EQUIVALENTS AS AT END OF FINANCIAL PERIOD COMPRISE THE FOLLOWING:
Deposits with licensed financial institutions	659,141	755,963
Cash and bank balances	225,940	121,974
	885,081	877,937
Less: Deposits, cash and bank balances
- assigned in favour of the trustees	(663,588)	(778,695)
- pledged to licensed financial institutions	(55,552)	(45,538)
	165,941	53,704
The Condensed Statement of Cash Flows should be read in conjunction with the audited financial statements of the Company for the financial year ended 31 March 2025 and the accompanying explanatory notes attached to the interim financial report.

RCE Capital Berhad
Registration No: 195301000151 (2444-M)		Interim Financial Report
Incorporated in Malaysia		1st Quarter Ended 30 June 2025
NOTES TO THE INTERIM FINANCIAL REPORT
1.	BASIS OF PREPARATION
The interim financial report is unaudited and has been prepared in accordance with the requirements of Malaysian Financial Reporting Standard ("MFRS") 134 (Interim Financial Reporting) issued by the Malaysian Accounting Standards Board and paragraph 9.22 of the Main Market Listing Requirements ("Listing Requirements") of Bursa Malaysia Securities Berhad ("Bursa"). It also complies with IAS 34 (Interim Financial Reporting) issued by the International Accounting Standards Board and should be read in conjunction with the audited financial statements of the Group for the financial year ended 31 March 2025.
2.	CHANGES IN MATERIAL ACCOUNTING POLICIES
The material accounting policies adopted by the Group in this interim financial report are consistent with those of the annual audited financial statements for the financial year ended 31 March 2025.
3.	AUDITORS' REPORT ON PRECEDING ANNUAL AUDITED FINANCIAL STATEMENTS
The auditors' report on the preceding annual audited financial statements was not subject to any qualification.
4.	SEASONAL OR CYCLICAL FACTORS
The Group's operations were not significantly affected by any seasonal or cyclical factors.
5.	UNUSUAL ITEMS
	There were no unusual items for the current quarter and financial period.

RCE Capital Berhad
Registration No: 195301000151 (2444-M)					Interim Financial Report
Incorporated in Malaysia				1st Quarter Ended 30 June 2025
NOTES TO THE INTERIM FINANCIAL REPORT
6.	CHANGES IN ESTIMATES
There were no changes in estimates that have a material effect for the current quarter and financial period.
7.	DEBT AND EQUITY SECURITIES
	There were no issuance, repurchase and repayment of debt and equity securities for the financial period except for the following:
	(a)	Issuance of Sukuk by Al Dzahab Assets Berhad, an indirect and not a legal subsidiary of the Company as follow:
				INDIVIDUAL	CUMULATIVE
				QUARTER	QUARTER
				30.06.2025	30.06.2025
				RM'000	RM'000
		Issuance		100,000	100,000
	(b)	ESS
		Subsequent to the financial period, in accordance with ESS By-Laws, the Company has:
		(i)	extended the maturity date of ESS from 19 October 2025 to 31 December 2026; and
		(ii)	offered 31,709,000 options to the eligible employees at an exercise price of RM0.96.
	As at 30 June 2025, the number of ordinary shares, net of treasury shares is 1,468,035,142.

RCE Capital Berhad
Registration No: 195301000151 (2444-M)			Interim Financial Report
Incorporated in Malaysia			1st Quarter Ended 30 June 2025
NOTES TO THE INTERIM FINANCIAL REPORT
8.	DIVIDENDS
			30.06.2025	30.06.2024
			RM'000	RM'000
Recognised during the financial period:
	-	Second interim dividend for 2024:
		7.00 sen per ordinary share, paid on 27 June 2024 to shareholders whose names appeared in the record of depositors on 14 June 2024	-	51,300
	-	Second interim dividend for 2025:
		3.50 sen per ordinary share, paid on 30 June 2025 to shareholders whose names appeared in the record of depositors on 16 June 2025	51,381	-
			51,381	51,300
9.	SEGMENT INFORMATION
	Segmental reporting is not presented as the Group is primarily engaged in the provision of shariah-compliant financing and conventional financing services.
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RCE Capital Berhad
Registration No: 195301000151 (2444-M)			Interim Financial Report
Incorporated in Malaysia		1st Quarter Ended 30 June 2025
NOTES TO THE INTERIM FINANCIAL REPORT
10.	PROFIT BEFORE TAX
The following items have been charged/(credited) in arriving at the profit before tax:
	IND	IVIDUAL	CUMULATIVE
		QUARTER	QUARTER
		30.06.2025	30.06.2025
		RM'000	RM'000
	Allowances for impairment loss on
	receivables, net	11,320	11,320
	Income from deposits and bank balances
	- profit income	(6,482)	(6,482)
	- interest income	(2)	(2)
		(6,484)	(6,484)
There were no exceptional items, inventories written down and written off, allowance for impairment loss on investment properties, gain or loss on disposal of quoted or unquoted investments or properties and gain or loss on derivatives for the current quarter and financial period.
11.	MATERIAL EVENTS SUBSEQUENT TO THE END OF THE INTERIM PERIOD
	As at the date of this announcement, there were no material events subsequent to the end of the interim period that affect the results of the Group.
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RCE Capital Berhad
Registration No: 195301000151 (2444-M)				Interim Financial Report
Incorporated in Malaysia			1st Quarter Ended 30 June 2025
NOTES TO THE INTERIM FINANCIAL REPORT
12.	CHANGES IN THE COMPOSITION OF THE GROUP
There was no change in the composition of the Group during the financial period.
13.	REVIEW OF PERFORMANCE
		INDIVIDUAL/CUMULATIVE QUARTER
		30.06.2025	30.06.2024	Variance
		RM'000	RM'000	RM'000	%
	Revenue	79,786	79,115	671	0.8
	Profit before tax	35,503	40,446	(4,943)	(12.2)
	Profit for the financial period	25,989	30,324	(4,335)	(14.3)
	Profit attributable to ordinary
	equity holders of the Company	25,989	30,324	(4,335)	(14.3)
	In the current quarter, the Group recorded an increase in revenue primarily driven by higher fee income from increased disbursement.
	Notwithstanding the above, pre- and post-tax profit were lower after accounting for higher allowances for impairment loss on receivables.
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RCE Capital Berhad
Registration No: 195301000151 (2444-M)				Interim Financial Report
Incorporated in Malaysia			1st Quarter Ended 30 June 2025
NOTES TO THE INTERIM FINANCIAL REPORT
14.	MATERIAL CHANGE IN RESULTS OF CURRENT QUARTER COMPARED WITH PRECEDING QUARTER
INDIVIDUAL QUARTER
		30.06.2025	31.03.2025	Variance
		RM'000	RM'000	RM'000	%
	Revenue	79,786	92,823	(13,037)	(14.0)
	Profit before tax	35,503	27,238	8,265	30.3
	Profit for the financial period	25,989	16,633	9,356	56.2
	Profit attributable to ordinary
	equity holders of the Company	25,989	16,633	9,356	56.2
The Group's revenue was lower in the current quarter mainly arising from lower fee and early settlement profit income.
The Group's pre- and post-tax profit increased primarily due to the absence of impairment of goodwill on consolidation and lower allowances for impairment loss on receivables offset with lower revenue and higher other expenses.
15.	CURRENT YEAR PROSPECTS
	The Group is committed to maintaining asset quality by actively monitoring its portfolio and credit exposure to ensure long term sustainability of the business.
	To strengthen competitive positioning, the Group continues to implement omnichannel marketing initiatives for enhanced customer experience and market reach expansion.
	The Group expects to remain profitable for the financial year ending 31 March 2026.
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RCE Capital Berhad
Registration No: 195301000151 (2444-M)			Interim Financial Report
Incorporated in Malaysia		1st Quarter Ended 30 June 2025
NOTES TO THE INTERIM FINANCIAL REPORT
16.	PROFIT FORECAST
There were no profit forecast prepared or profit guarantee made by the Group.
17.	INCOME TAX EXPENSE
	INDIVIDUAL		CUMULATIVE
		QUARTER	QUARTER
		30.06.2025	30.06.2025
		RM'000	RM'000
	Income tax payable:
	Current period	13,374	13,374
	Deferred tax:
	Current period	(3,860)	(3,860)
		9,514	9,514
The effective tax rate of the Group in the current quarter and financial period is higher than the statutory tax rate due to non-deductibility of certain expenses for taxation purposes.
18.	STATUS OF CORPORATE PROPOSALS
	There were no corporate proposals announced but not completed as at the date of this report.
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RCE Capital Berhad
Registration No: 195301000151 (2444-M)				Interim Financial Report
Incorporated in Malaysia			1st Quarter Ended 30 June 2025
NOTES TO THE INTERIM FINANCIAL REPORT
19.	FINANCING RECEIVABLES
			As at 30.06.2025
				Receivables
			Financing	Loans	Total
			RM'000	RM'000	RM'000
	At amortised cost, gross		2,082,746	4,690	2,087,436
	Less: Allowances for impairment		(142,666)	(1,574)	(144,240)
			1,940,080	3,116	1,943,196
	Amount receivable within one year		(228,625)	(435)	(229,060)
	Non-current portion		1,711,455	2,681	1,714,136
	During the financial period, there was no transaction with related parties in relation to the Group's financing receivables.
	Movement in allowances for impairment:
		Stage 1	Stage 2	Stage 3	Total
		RM'000	RM'000	RM'000	RM'000
	Balance as at 1 April 2025	43,418	1,716	95,530	140,664
	Changes in the expected credit
	loss ("ECL"):
	- Transfer to Stage 1	164	(28)	(4,567)	(4,431)
	- Transfer to Stage 2	(38)	172	(213)	(79)
	- Transfer to Stage 3	(448)	(161)	18,553	17,944
	Net adjustment of allowances for
	impairment	(322)	(17)	13,773	13,434
	New financial assets originated or
	purchased	2,788	-	-	2,788
	Financial assets derecognised	(568)	(16)	(785)	(1,369)
	Changes in risk parameters	(2,034)	(23)	(1,464)	(3,521)
	Written off	-	-	(7,756)	(7,756)
	Balance as at 30 June 2025	43,282	1,660	99,298	144,240

RCE Capital Berhad
Registration No: 195301000151 (2444-M)			Interim Financial Report
Incorporated in Malaysia		1st Quarter Ended 30 June 2025
NOTES TO THE INTERIM FINANCIAL REPORT
19.	FINANCING RECEIVABLES (CONT'D)
The Group applied the latest economic scenarios to reflect probability-weighted range of possible future outcome and factor in forecasted Real Gross Domestic Product, a forward looking element used for the ECL calculation. Accordingly, the ECL during the financial period has been adjusted to reflect the impact of latest economic conditions.
20.	GROUP FINANCING LIABILITIES AND DEBT SECURITIES
	Total financing liabilities and debt securities (all denominated in Ringgit Malaysia) of the Group are as follow:
		As at 30.06.2025
		Short	Long
		Term	Term	Total
		RM'000	RM'000	RM'000
	At amortised cost
	Secured:
	Shariah
	- Sukuk	186,214	895,656	1,081,870
	- Revolving credits	386,913	-	386,913
	- Term financings	104,364	192,140	296,504
		677,491	1,087,796	1,765,287
	Conventional
	- Revolving credits	172,163	-	172,163
	- Term loans	63,933	96,087	160,020
		236,096	96,087	332,183
		913,587	1,183,883	2,097,470
	Unsecured:
	Shariah
	- Revolving credits	105,013	-	105,013
		1,018,600	1,183,883	2,202,483

RCE Capital Berhad
Registration No: 195301000151 (2444-M)			Interim Financial Report
Incorporated in Malaysia		1st Quarter Ended 30 June 2025
NOTES TO THE INTERIM FINANCIAL REPORT
20.	GROUP FINANCING LIABILITIES AND DEBT SECURITIES (CONT'D)
		As at 30.06.2024
		Short	Long
		Term	Term	Total
		RM'000	RM'000	RM'000
	At amortised cost
	Secured:
	Shariah
	- Sukuk	342,980	840,756	1,183,736
	- Term financing	73,585	102,004	175,589
	- Revolving credits	181,382	-	181,382
		597,947	942,760	1,540,707
	Conventional
	- Revolving credits	287,264	-	287,264
	- Term loans	66,906	159,543	226,449
		354,170	159,543	513,713
		952,117	1,102,303	2,054,420
	Unsecured:
	Shariah
	- Revolving credits	100,215	-	100,215
	Conventional
	- Revolving credits	8,003	-	8,003
		108,218	-	108,218
		1,060,335	1,102,303	2,162,638
	As at 30 June 2025, the Group's weighted average profit/interest rate by categories of financing liabilities ranges from 4.3% to 4.9% (30.06.2024: 4.3% to 5.2%) per annum.
	The Group's financing liabilities consist of:
			30.06.2025	30.06.2024
			RM'000	RM'000
	Fixed rate		1,148,155	1,203,276
	Floating rate		1,054,328	959,362
			2,202,483	2,162,638

RCE Capital Berhad
Registration No: 195301000151 (2444-M)			Interim Financial Report
Incorporated in Malaysia			1st Quarter Ended 30 June 2025
NOTES TO THE INTERIM FINANCIAL REPORT
20.	GROUP FINANCING LIABILITIES AND DEBT SECURITIES (CONT'D)
The Group's financing liabilities increased to RM2.20 billion from RM2.16 billion a year ago. This was primarily due to RM225.0 million issuance of Sukuk and RM141.7 million net drawdown of financing liabilities, offset with RM325.0 million Sukuk redemption.
21.	CAPITAL COMMITMENTS
			30.06.2025
			RM'000
Capital expenditure approved and contracted for
	- Other capital expenditure		2,000
	- Plant and equipment		436
			2,436
Other capital expenditure is in relation to an asset acquisition entered into with an external party, payable upon fulfilment of certain conditions.
22.	CHANGES IN CONTINGENT LIABILITIES AND ASSETS
As at 30 June 2025, the letter of credit stood at RM0.5 million, representing an increase of RM0.5 million as compared to 31 March 2025.
Other than as disclosed above, there were no other changes in contingent liabilities or assets since the last financial year ended 31 March 2025.
23.	DERIVATIVES AND FAIR VALUE CHANGES OF FINANCIAL LIABILITIES
	(a)	There were no derivatives as at 30 June 2025.
	(b)	There were no fair value gain/loss on fair value changes of financial liabilities as all financial liabilities were measured at amortised cost.

RCE Capital Berhad
Registration No: 195301000151 (2444-M)						Interim Financial Report
Incorporated in Malaysia						1st Quarter Ended 30 June 2025
NOTES TO THE INTERIM FINANCIAL REPORT
24.	CHANGES IN MATERIAL LITIGATION
There were no pending material litigation for the Group as at the date of this report.
25.	EARNINGS PER SHARE ("EPS")
	The weighted average number of ordinary shares in issue for the corresponding quarter and financial period have been restated to reflect the retrospective adjustment arising from the Bonus Shares in accordance with MFRS 133, Earnings per Share.
				INDIVIDUAL		CUMULATIVE
				QUARTER		QUARTER
				30.06.2025	30.06.2024	30.06.2025	30.06.2024
	(a)	Basic EPS:
		Profit for the period
		attributable to ordinary
		equity holders of the
		Company	(RM'000)	25,989	30,324	25,989	30,324
		Weighted average
		number of ordinary
		shares in issue	(unit'000)	1,468,035	1,465,701	1,468,035	1,465,701
		Basic EPS	(sen)	1.77	2.07	1.77	2.07
		Basic EPS for the current quarter and financial period are calculated by dividing the net profit attributable to ordinary equity holders of the Company by the weighted average number of ordinary shares in issue during the current quarter and financial period.

RCE Capital Berhad
Registration No: 195301000151 (2444-M)						Interim Financial Report
Incorporated in Malaysia						1st Quarter Ended 30 June 2025
NOTES TO THE INTERIM FINANCIAL REPORT
25.	EPS (CONT'D)
				INDIVIDUAL		CUMULATIVE
				QUARTER		QUARTER
				30.06.2025	30.06.2024	30.06.2025	30.06.2024
	(b)	Diluted EPS:
		Profit for the period
		attributable to ordinary
		equity holders of the
		Company	(RM'000)	25,989	30,324	25,989	30,324
		Weighted average
		number of ordinary
		shares in issue	(unit'000)	1,468,035	1,465,701	1,468,035	1,465,701
		Effects of dilution of ESS	(unit'000)	283	7,156	283	7,156
		Adjusted weighted average
		number of ordinary shares
		in issue	(unit'000)	1,468,318	1,472,857	1,468,318	1,472,857
		Diluted EPS	(sen)	1.77	2.06	1.77	2.06
		Diluted EPS are calculated by dividing the net profit attributable to ordinary equity holders of the Company by the weighted average number of ordinary shares adjusted for dilutive effects of ESS.

RCE Capital Berhad
Registration No: 195301000151 (2444-M)		Interim Financial Report
Incorporated in Malaysia		1st Quarter Ended 30 June 2025
NOTES TO THE INTERIM FINANCIAL REPORT
26.	FAIR VALUE OF FINANCIAL INSTRUMENTS
The carrying amount of financial assets and liabilities of the Group for the financial period approximate their fair values except for the following:
30.06.2025
		Carrying
		amount	Fair value
		RM'000	RM'000
	Financial assets
	Financing receivables	1,943,196	1,959,551
	Financial liabilities
	Sukuk	1,081,870	1,114,395
BY ORDER OF THE BOARD
JOHNSON YAP CHOON SENG
Company Secretary
13 August 2025

Q1 Quarter Report for Financial Year Ended 2026