PETALING JAYA: Magni-Tech Industries Bhd
has recorded a lower net profit of RM28.29mil for the fourth quarter ended April 30, 2025 compared to the RM34.52mil recorded in the same quarter last year.
In a filing with Bursa Malaysia, the apparel manufacturer and distributor said the decrease was a result of its lower revenue at RM326.38mil, a reduced dividend income by RM650,000 and higher loss due to adverse movement in foreign exchange by RM5.23mil.
