Swang Chai Chuan Ltd. Reports RM467.8 Million Revenue and RM20.8 Million Profit for H1 2025

Reuters09-30
Swang Chai Chuan Ltd. Reports RM467.8 Million Revenue and RM20.8 Million Profit for H1 2025

For the six months ended 30 June 2025, revenue was RM467.85 million compared to RM471.76 million for the same period in 2024. Cost of sales decreased to RM407.34 million from RM416.25 million. Gross profit was RM60.51 million, up from RM55.51 million. Other income increased to RM6.41 million from RM1.09 million. Selling and distribution expenses were RM27.39 million, compared to RM24.23 million in the previous period. Administrative and other operating expenses totaled RM11.16 million, down from RM12.88 million. Finance costs were RM1.03 million, compared to RM0.84 million previously. Profit before tax was RM27.37 million, up from RM18.66 million. Income tax expenses increased to RM6.57 million from RM4.38 million. Profit for the period was RM20.80 million, compared to RM14.28 million in the previous period. Net cash from operating activities was RM16.14 million, compared to RM16.77 million in the previous period. Net cash used in investing activities included an increase in fixed deposits with licensed banks of RM35.11 million, compared to RM19.21 million previously, and payment for purchase of property, plant and equipment of RM3.27 million, up from RM0.57 million. Interest received was RM1.17 million, compared to RM0.68 million. As at 30 June 2024, total equity was RM244.98 million. Total comprehensive income for the period was RM17.45 million, compared to RM14.28 million in the previous period.

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