S&P INTL HLDG issued a profit warning, expecting after-tax profit in the first half of the year to increase to no less than 7.5 million Malaysian Ringgit year-on-year
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S&P INTL HLDG expects that the after-tax profit for the first half of the year ending June 30, 2025, will not be less than 7.5 million Malaysian Ringgit, a significant increase from 3.25 million Malaysian Ringgit in the first half of 2024. The growth in performance is mainly attributed to an approximately 29% increase in sales of coconut-related products and foreign exchange gains. However, operating expenses increased by about 3.27 million Malaysian Ringgit due to higher marketing, logistics, and employee costs
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