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The Group registered revenue of RM206.75 million compared to RM295.92 million achieved in the previous year.
Meanwhile, the Group’s profit before tax and zakat (“PBT”) was RM31.96 million, down by 37.7% compared to
the previous year, primarily due to lower revenue of our Manufacturing and Plantation divisions.
Despite an increase in fresh fruit bunches (“FFB”) production volumes, Plantation division was impacted by
lower prices and volumes of Crude Palm Oil (CPO) and Crude Palm Oil Kernel (CPKO) sold. Manufacturing division’s
profitability was affected by the decline in volume across most product segments and changes in order patterns.