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James Ng

YoY, the revenue of RM102.478m is lower than RM103.182m as a result of lower sales volume in terms of products quantities sold. Profit before tax decreased by 51.9% to RM6.955m from RM14.46m and is a result of lower product margins arising from surge in raw materials prices and higher net foreign currency exchange losses.

Prospects:
As raw materials prices remain volatile and the business environment remains competitive, the Group continues to be committed on efficiency initiatives through economies of scale, cost optimization and plans to increase productivity and simultaneously produce good quality products.

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James Ng