COMMENTARY ON PROSPECTS

The current economy situation and operating environment continues to pose challenges to the Group’s business.

Demand of the products, increase in raw materials cost and operational costs such as wages, utilities, logistics and other operational expenses remain as main
challenges for the Group.

The Group will continue to focus on its core business and will always be seeking new ways to improve its performance.

Moving forward, the Group will continue with its concerted efforts to improve efficiencies and effective cost management across major functions to maximise returns and to strengthen the competiveness in the market.

The Board is cautiously optimistic of the performance of the Group for the financial year 2024 amidst challenges from the prevailing market economic conditions.

Q4 profit below 30M

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CEO CFO SELL SHARE 3.XX buy back ESOS 2.57