PETALING JAYA: Lee Swee Kiat Group Bhd
(LSK) anticipates factors like the recovery of demand from overseas markets, fluctuations in key raw material prices and the performance of the Cuckoo Napure mattress collaboration to impact its performance in the financial year 2024 (FY24).
For the fourth quarter ended Dec 31, 2023 (4Q23), the mattress manufacturing firm’s net profit rose by 156.3% to RM4.1mil, translating to earnings per share of 2.55 sen.
