Rhone Ma Holdings Berhad recorded a revenue of RM51.51 million in the third quarter of 2024, according to a press statement dated Nov 12 distributed by the group.

For the quarter under review, the revenue of RM51.51 million brought about profit before tax (PBT) of RM3.8 million and profit attributable to shareholders of RM3.2 million.

For the cumulative nine months up to Sept 30, 2024 (YTD 2024), Rhone Ma recorded a year-on-year revenue growth of RM11.38 million or approximately 8%, resulting in a YTD earnings of RM159.70 million, driven by revenue contributions from its animal health products and equipment segment accountable for up to of 81% of its top line revenue which amounted to RM129.84 million.

On the back of the YTD revenue growth, the group also recorded a leap of 23% or RM2.61 million in its PBT to RM13.97 million and a rise of approximately 5% or RM410,000 in its profit attributable to shareholders for the same YTD period.