PLYTEC Holding Berhad announced its third quarter results for the financial year ending 31 December 2024 recording a revenue of RM54.5 million, a 19.5% year on year increase. Profit before tax ("PBT") rose by 14.5% to RM7.1 million, while profit after tax and minority interests ("PATAMI") increased by 15.9% to RM5.1 million, driven by higher demand across its business segments.
On the cumulative 9 months basis PBT and PATAMI were RM18.2 million and RM12.6 million respectively, marking a significant growth of 41.1% and 32.6% from 9MFYE2023. This was backed by a 19.3% increase in revenue, which amounted to RM146.8 million.
