TAFI Records 1,092.9% Increase In 3Q24 Net Profit
TAFI Records 1,092.9% Increase In 3Q24 Net Profit
TAFI Industries Bhd posted a resilient financial performance for its third quarter of 2024 (3Q24) with RM26.89 million in revenue and a net profit of RM2.52 million, bringing the total net profit for the nine months until Sept 30, 2024, to RM6.83 million.
TAFI Industries Bhd在2024年第三季度(3Q24)表現出色,營業收入爲2689萬令吉,淨利潤爲252萬令吉,截至2024年9月30日的九個月總淨利潤爲683萬令吉。
Revenue for the quarter increased by 83.07% to RM26.89 million in 3Q24 compared to RM14.69 million in 3Q23, driven by the increase in revenue from construction contracts and property development activities.
第三季度營業收入較上一年同期的1469萬令吉增長83.07%,達到了2689萬令吉,這主要是由於施工合同和房地產開發活動所帶來的營業收入增加。
Profit for the quarter ended Sept 30, 2024, increased by 1,092.89% to RM2.52 million compared to RM0.211 million in 3Q24. The overwhelming surge in profit is mainly attributed to the increase in revenue from construction contracts and property development activities.
截至2024年9月30日的季度淨利潤較3Q24的21.1萬令吉增長了1092.89%,達到252萬令吉。利潤急劇增加主要歸因於施工合同和房地產開發活動帶來的營業收入增加。
TAFI Group Chief Executive Officer Datuk Seri Bryan Wong said the group continues to remain profitable for the three consecutive financial years ended Dec 31, 2021 (FY21) to FY23 since the change in the group's management during the last quarter of 2020.
TAFI集團首席執行官拿督斯里Bryan Wong表示,自2020年最後一個季度以來,集團持續保持盈利,自FY21至FY23已連續三個財政年度結束。
As such, Wong said the current management is continuously reviewing the group's business operations to streamline, increase efficiency and also continue to grow its business operations.
因此,Wong表示,當前管理團隊正在持續審查集團的業務運營,以優化效率,並繼續擴大業務範圍。
"The management is confident that TAFI will continue to be profitable and show increasing profits in the future," Wong said in a statement.
「管理層相信TAFI將在未來繼續保持盈利並實現持續增長的利潤,」Wong在一份聲明中表示。
Meanwhile, he revealed that the group is still working towards launching new furniture models to expand its market share in the European and Middle East markets to widen its customer base.
與此同時,他透露集團仍在努力推出新的傢俱款式,以擴展其在歐洲和中東市場的市場份額,拓寬客戶群。
"At the same time, the group is also working towards securing more orders for local projects market for the supply of furniture and related products in response to the slowdown in export market of furniture especially in North America and Europe due to challenges from high cost of living resulting in reduced demand from consumer market and overstocking by major buyers" he said, adding that the group is expecting increased sales and result to flow in positively in FY24.
同時,該集團還致力於在本地項目市場上獲得更多訂單,供應傢俱和相關產品,以應對傢俱出口市場的放緩,特別是由於北美和歐洲高生活成本所帶來的挑戰,導致消費市場需求減少以及主要採購商的庫存積壓。”他說,並補充說,該集團預計銷售額將增加,並且在FY24年將有積極的銷售業績。
The outstanding order book of the group's construction business amounted to approximately RM473.96 million from four ongoing construction projects.
該集團施工業務的60檔擺盤金額約爲RM47396萬馬幣,來自四個正在進行的施工項目。
譯文內容由第三人軟體翻譯。