PLYTEC Holding Berhad (“PLYTEC”) has delivered a record-breaking financial performance for FYE2024, achieving all-time high revenue of RM201.1 million, marking a 22.0% year-on-year growth. Profit before tax (“PBT”) nearly doubled to RM20.1 million, while profit after tax and minority interests (“PATAMI”) surged by 110.8% to RM13.7 million.

For Q4FYE2024, PLYTEC posted a 30.2% revenue increase to RM54.3 million, with PBT rebounding to RM1.9 million from a loss of RM2.8 million in Q4FYE2023. Excluding a one-off impairment provision, PBT would have stood at RM4.7 million, reflecting strong earnings momentum across all business segments.

Bursa Announcement