FURNIWEB announced its 2024 performance, with a net profit of 9.033 million Malaysian Ringgit, a year-on-year decrease of 27.48%
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FURNIWEB announced its 2024 performance, with revenue of approximately MYR 191 million, a year-on-year decrease of 11.87%. Net profit was MYR 9.033 million, a year-on-year decrease of 27.48%. The announcement pointed out that the decrease in profit was mainly due to the recognition of expected credit loss provisions for unpaid receivables and a reduction in contributions from the energy efficiency segment. Although the sale of loss-making subsidiaries had a positive impact, overall profit still declined
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