Magni-Tech 4Q earnings jumps 33.6%


KUALA LUMPUR: Magni-Tech Industries Bhd, which saw its net profit jump 33.6% in the fourth quarter ended April 30 (4Q24), remains cautiously optimistic for the financial year ending April 30, 2025 (FY25).

“The global economy continues to be volatile amidst geopolitical tensions and trade war uncertainties. The broader marketplace remains promotional as businesses are driving towards healthier inventory levels,” Magni-Tech said in a Bursa filing.

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