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Revenue jump but inventory write-off pulls Samurai 2K Aerosol into the red

The Edge Singapore
The Edge Singapore  • 2 min read
Revenue jump but inventory write-off pulls Samurai 2K Aerosol into the red
Despite the losses, Samurai 2K Aerosol will pay a dividend, and it will book the insurance claims in the current FY / Photo: Samurai 2K Aerosol's website
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Samurai 2K Aerosol, which sells aerosol paint, has reported higher revenue for FY2025 but due to inventory that has to be written off because of a fire last year, it reported a loss of RM7.8 million, reversing from FY2024's earnings of RM1.54 million.

Revenue for FY2025 ended March jumped 31.4% y-o-y to RM104.9 million thanks to better sales in its largest market Indonesia, followed by its home market Malaysia.

However, the company's FY2025 bottom line had to take into account inventory worth RM12.7 million written off after a fire last May, plus damages to property, plant and equipment worth RM3.54 million. In addition, it incurred forex losses of RM2.96 million.

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