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MeGroup back profitable for FY2023 with easing of pandemic curbs

The Edge Singapore
The Edge Singapore • 1 min read
MeGroup back profitable for FY2023 with easing of pandemic curbs
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With pandemic-related restrictions no longer, MeGroup (SGX:SJY) has returned back to profitability for its FY2023.

For the year ended March, revenue increased by 65.1% to a record RM421.5 million, led by an 80% surge in its manufacturing activities.

The company reported earnings of RM6.5 million, versus a loss of RM3.3 million in FY2022.

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