Spring Art Holdings Bhd 2024 AR2
The report highlights Spring Art Holdings Berhad's financial and operational performance for the fiscal year ended December 31, 2024. The Group achieved a revenue of RM49.57 million, with bedroom and living room furniture contributing the majority of sales. Despite a decrease in overall revenue due to reduced demand from existing customers, profit after tax increased to RM9.24 million, driven by improved production efficiency and procurement strategies. Additionally, the Group completed its Factory C facility, which commenced operations in the fourth quarter of 2024, expanding its manufacturing capacity to 674,000 units per annum.
Company: Spring Art Holdings Bhd
Sector: Manufacturing
Country: Malaysia
Year: 2024
Type: AR2
Pages: 24
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Spring Art Holdings Bhd
Annual Report
The report highlights Spring Art Holdings Berhad's financial and operational performance for the fiscal year ended December 31, 2024. The Group achieved a revenue of RM49.57 million, with bedroom and living room furniture contributing the majority of sales. Despite a decrease in overall revenue due to reduced demand from existing customers, profit after tax increased to RM9.24 million, driven by improved production efficiency and procurement strategies. Additionally, the Group completed its Factory C facility, which commenced operations in the fourth quarter of 2024, expanding its manufacturing capacity to 674,000 units per annum.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Jun 12, 2025
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available