Life Water Berhad announced its financial result for its first quarter with a total revenue of RM42.59 million. Gross profits and profit after tax was at approximately RM20.30 million and RM7.50 million respectively with gross margins and PAT margins at at 47.67% and 17.60% respectively.
There are no available comparative figures for the immediate preceding quarter as this is the first interim financial report announced by the Company ahead of its upcoming listing on the Main Market of Bursa Malaysia Securities Berhad on 13 November 2024.
In terms of segmentation, the group noted that 99.89% of total revenue was derived from manufacturing of beverages of which drinking water was the largest contributor of revenue with 84.99% followed by carbonated drinks with 14.85% and fruit drinks with 0.05%. Other non-beverage manufacturing operations contributed to the remaining 0.11% of revenue.
