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Multi-Chem's 3QFY2024 earnings down 23% y-oy to $7.1 mil

Khairani Afifi Noordin
Khairani Afifi Noordin • 1 min read
Multi-Chem's 3QFY2024 earnings down 23% y-oy to $7.1 mil
Revenue decreased by a slight 0.2% y-o-y to $173.3 million. Photo: Bloomberg
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Multi-Chem has posted earnings of $7.1 million in its 3QFY2024 ended September, 23% lower y-o-y.

Revenue decreased by a slight 0.2% y-o-y to $173.3 million.

Gross profit was down 16% y-o-y to $21.04 million, mainly due to the decrease in gross profit margin and increase in inventories written off by $376,000 to $405,000 in 3QFY2024.

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