Vitrox Corp. Bhd.MYX: VITROX

Quarterly Report For The Financial Period Ended 30 June 2025

Jul 24, 2025 at 9:43 AM UTC · Issued by Vitrox Corp. Bhd.

VITROX CORPORATION BERHAD

(Incorporated in Malaysia) Company No: 200401011463 (649966-K)

INTERIM FINANCIAL REPORT

FOR THE SECOND QUARTER ENDED 30 JUNE 2025

VITROX CORPORATION BERHAD

(Incorporated in Malaysia) Company No: 200401011463 (649966-K)

CONTENTS

Page Condensed Consolidated Statement of Comprehensive Income………………….. 1

Condensed Consolidated Statement of Financial Position……..………………….. 2

Condensed Consolidated Statement of Changes in Equity...……………………… 3-4

Condensed Consolidated Statement of Cash Flows…..……………………………. 5-6

Notes to the Interim Financial Report…………………………………………………. 7-14

(The figures have not been audited)

INDIVIDUAL QUARTER

CUMULATIVE QUARTER

Corresponding

		Current quarter	Corresponding preceding quarter	Current period-to-date	preceding period-to-date
		ended	ended	ended	ended
	Note	30-Jun-25 RM'000	30-Jun-24 RM'000	30-Jun-25 RM'000	30-Jun-24 RM'000
Revenue		183,043	137,199	324,161	256,812
Other operating income		6,524	5,433	14,473	11,009
Operating expenses		(150,134)	(110,580)	(270,403)	(215,727)
Finance costs		(1,258)	(945)	(1,869)	(1,917)
Share of associate's loss		(268)	(30)	(1,042)	(252)
Profit before tax	B12	37,907	31,077	65,320	49,925
Tax expense	B5	(10,100)	(3,211)	(13,607)	(5,044)
Profit for the financial period		27,807	27,866	51,713	44,881
Other comprehensive income
for the financial period:-

Item that may be reclassified subsequently to profit or loss:-

- Currency translation differences

for the foreign operations	(917)	(148)	(1,003)	148
Comprehensive income
for the financial period	26,890	27,718	50,710	45,029
Profit/(loss) for the financial period attributable to:- - Owners of the Company	28,133	28,101	52,293	45,331
- Non-controlling interests	(326)	(235)	(580)	(450)
	27,807	27,866	51,713	44,881
Comprehensive income for the financial period attributable to:-
- Owners of the Company	27,216	27,953	51,290	45,479
- Non-controlling interests	(326)	(235)	(580)	(450)
	26,890	27,718	50,710	45,029
Earnings per share attributable
to owners of the Company (sen) B10 - Basic	1.49	1.49	2.76	2.40
- Diluted	1.48	1.48	2.75	2.39

The Condensed Consolidated Statement of Comprehensive Income should be read in conjunction with the accompanying explanatory notes and audited financial statements for the financial year ended 31 December 2024.

	As at 30-Jun-25 RM'000 (Unaudited)	As at 31-Dec-24 RM'000 (Audited)
ASSETS
Non-current assets
Property, plant and equipment	227,814	222,122
Goodwill	3,257	3,257
Investment properties	55,600	55,600
Right-of-use assets	77,698	78,534
Development expenditure	5,575	5,575
Investment in associate	18,905	19,946
Investments in club memberships, at cost	91	91
Deferred tax assets	903	903
Receivables	89	0
	389,932	386,028
Current assets
Inventories	215,910	201,426
Receivables	239,367	237,001
Derivatives	483	0
Prepayments	45,665	43,511
Current tax assets	121	842
Cash and cash equivalents	460,126	340,134
	961,672	822,914
TOTAL ASSETS	1,351,604	1,208,942
EQUITY AND LIABILITIES
Equity
Share capital	68,148	63,587
Reserves	993,353	957,898
Equity attributable to owners of the Company	1,061,501	1,021,485
Non-controlling interests	(2,988)	(2,408)
Total equity	1,058,513	1,019,077
Non-current liabilities
Deferred tax liabilities	6,174	6,174
Loans and borrowings	84,878	34,876
Lease liabilities	255	306
Deferred income on government grants	5,586	526
Total non-current liabilities	96,893	41,882
Current liabilities
Derivatives	0	2,212
Payables	126,032	101,406
Dividend payable	13,252	9,459
Loans and borrowings	22,417	12,993
Lease liabilities	105	179
Contract liabilities	24,340	19,177
Current tax liabilities	10,052	2,557
Total current liabilities	196,198	147,983
Total liabilities	293,091	189,865

TOTAL EQUITY AND LIABILITIES	1,351,604	1,208,942
Net assets per ordinary share attributable to owners of the Company (sen)	56.07	53.99

The Condensed Consolidated Statement of Financial Position should be read in conjunction with the accompanying explanatory notes and audited financial statements for the financial year ended 31 December 2024.

(The figures have not been audited)

			Non-distributable			Distributable
			Share	Share	Currency		Equity attributable	Non-
Share	Revaluation	Capital	option	grant	translation	Retained	to owners of	controlling	Total
capital	reserve	reserve*	reserve	reserve	reserve	profits	the Company	interests	equity
RM'000	RM'000	RM'000	RM'000	RM'000	RM'000	RM'000	RM'000	RM'000	RM'000
Year ended 30 June 2025

63,587	14,160	761	7,593	(293)	935,677	1,021,485	(2,408)	1,019,077
0	0	0	1,978	0	0	1,978	0	1,978
4,561	0	0	(4,561)	0	0	0	0	0
0	0	0	0	0	(13,252)	(13,252)	0	(13,252)
4,561	0	0	(2,583)	0	(13,252)	(11,274)	0	(11,274)
0	0	0	0	(1,003)	0	(1,003)	0	(1,003)
0	0	0	0	0	52,293	52,293	(580)	51,713
0	0	0	0	(1,003)	52,293	51,290	(580)	50,710
68,148	14,160	761	5,010	(1,296)	974,718	1,061,501	(2,988)	1,058,513

Balance at 1 January 2025 Share-based payments

Issue of shares pursuant to Share Grant Scheme Dividends

Total transactions with owners

Currency translation differences for foreign operations (representing other comprehensive income for the financial period)

Profit/(loss) for the financial period Comprehensive income for the financial period

Balance at 30 June 2025

* This represents the cumulative amount transferred from the retained profits of a subsidiary under the statutory requirements of the People's Republic of China.

(The figures have not been audited)

				Non-distributable			Distributable
								Equity
				Share	Share	Currency		attributable	Non-
	Share	Revaluation	Capital	option	grant	translation	Retained	to owners of	controlling	Total
	capital	reserve	reserve*	reserve	reserve	reserve	profits	the Company	interests	equity
	RM'000	RM'000	RM'000	RM'000	RM'000	RM'000	RM'000	RM'000	RM'000	RM'000
Year ended 30 June 2024
Balance at 1 January 2024 59,967		14,160	520	2,286	7,588	806	873,579	958,906	(1,472)	957,434
Share-based payments 0 Issue of shares pursuant to Employees' Share Option Scheme 131		0 0	0 0	0 (35)	1,713 0	0 0	0 0	1,713 96	0 0	1,713 96
Issue of shares pursuant to Share Grant Scheme 3,489		0	0	0	(3,489)	0	0	0	0	0
Transfer of share option reserve to retained profits 0		0	0	(2,251)	0	0	2,251	0	0	0
Dividends 0		0	0	0	0	0	(20,810)	(20,810)	0	(20,810)
Total transactions with owners 3,620		0	0	(2,286)	(1,776)	0	(18,559)	(19,001)	0	(19,001)
Currency translation differences for foreign operations (representing other comprehensive income for the financial period)	0	0	0	0	0	148	0	148	0	148
Profit/(loss) for the financial period	0	0	0	0	0	0	45,331	45,331	(450)	44,881
Comprehensive income for the financial period	0	0	0	0	0	148	45,331	45,479	(450)	45,029
Balance at 30 June 2024	63,587	14,160	520	0	5,812	954	900,351	985,384	(1,922)	983,462

* This represents the cumulative amount transferred from the retained profits of a subsidiary under the statutory requirements of the People's Republic of China.

The Condensed Consolidated Statement of Changes in Equity should be read in conjunction with the accompanying explanatory notes and audited financial statements for the financial year ended 31 December 2024.

(The figures have not been audited)
		Corresponding
	Current	preceding
	period-to-date	period-to-date
	ended	ended
	30-Jun-25	30-Jun-24
	RM'000	RM'000
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before tax	65,320	49,925
Adjustments for:-
Amortisation of deferred income	(703)	(7)
Depreciation	7,556	6,342
Fair value gains on financial instruments	(859)	(671)
Impairment losses/(gains) on financial assets	229	(1,263)
Interest expense	1,869	1,917
Interest income	(6,196)	(5,979)
Inventories written down	27,786	25,645
Gain on disposal of property, plant and equipment	(5)	0
Property, plant and equipment written-off	16	4
Reversal of inventories written down	(25,418)	(23,716)
Share of associate's loss	1,042	252
Share-based payments	1,978	1,713
Unrealised loss on foreign exchange	1,725	332
Operating profit before working capital changes	74,340	54,494
Changes in:-
Inventories	(16,852)	(15,955)
Receivables	(11,240)	(9,547)
Derivatives	(2,212)	809
Prepayments	(2,155)	(25,668)
Payables	25,966	(13,843)
Contract liabilities	5,163	1,409
Cash generated from/(absorbed by) operations	73,010	(8,301)
Interest and fund distributions received	6,564	6,672
Tax paid	(5,391)	(5,603)
Tax refunded	7	0
Net cash from/(used in) operating activities	74,190	(7,232)
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of property, plant and equipment	(12,427)	(10,119)
Grant received	5,764	0
Proceeds from disposal of property, plant and equipment	5	0
Net cash used in investing activities	(6,658)	(10,119)
CASH FLOWS FROM FINANCING ACTIVITIES
Dividends paid	(9,459)	(11,817)
Drawdown of term loans	73,145	0
Interest paid	(1,648)	(2,008)
Issue of shares	0	96
Payment of lease liabilities	(124)	(115)
Repayment of term loans	(8,019)	(6,282)
Net cash from/(used in) financing activities	53,895	(20,126)

(The figures have not been audited)
		Corresponding
	Current	preceding
	period-to-date	period-to-date
	ended	ended
	30-Jun-25	30-Jun-24
	RM'000	RM'000
Currency translation differences	(1,435)	261
Net increase/(decrease) in cash and cash equivalents	119,992	(37,216)
Cash and cash equivalents at beginning of the year	340,134	388,992
Cash and cash equivalents at end of the year	460,126	351,776
Cash and cash equivalents consist of:-
Highly liquid investments	19,328	36,234
Term deposits	186,656	218,414
Cash and bank balances	254,142	97,128
	460,126	351,776

The Condensed Consolidated Statement of Cash Flows should be read in conjunction with the accompanying explanatory notes and audited financial statements for the financial year ended 31 December 2024.

A1 Basis of preparation of Interim Financial Report

The interim financial report is unaudited and has been prepared in compliance with Malaysian Financial Reporting Standards ("MFRS") 134, Interim Financial Reporting issued by the Malaysian Accounting Standards Board, Paragraph 9.22 and Appendix 9B of the Listing Requirements of Bursa Malaysia Securities Berhad.

The interim financial report should be read in conjunction with the audited financial statements of the Group for the financial year ended 31 December 2024 and the accompanying explanatory notes attached to this interim financial report.

The significant accounting policies and method of computation adopted in the interim financial report are consistent with those adopted in the annual financial statements for the financial year ended 31 December 2024 except for the adoption of the following MFRSs:-

MFRS

Effective for annual periods beginning on or after

Amendments to MFRS 121 Lack of Exchangeability 1 January 2025

The initial application of the above MFRSs did not have any significant impacts on the financial statements.

The Group has not applied the following MFRSs which have been issued as at the end of reporting period but are not yet effective:-

MFRS (issued as at the end of the reporting period)

Effective for annual periods beginning on or after

MFRS 18 Presentation and Disclosure in Financial Statements 1 January 2027 MFRS 19 Subsidiaries without Public Accountability: Disclosures 1 January 2027

Amendments to MFRS 9 and MFRS 7 Amendments to the Classification and Measurement of Financial Instruments

Amendments to MFRS 9 and MFRS 7 Contracts Referencing Nature-dependent Electricity

Amendments to MFRS 10 and MFRS 128 Sale or Contribution of Assets between an Investor and its Associate or Joint Venture

1 January 2026

1 January 2026 Deferred

Annual Improvements to MFRS Accounting Standards - Volume 11 1 January 2026

Management foresees that the initial application of the above MFRSs will not have any significant impacts on the financial statements.

A2 Seasonal or cyclical of operations

The Group's operation is dependent on the cyclical trend of the semiconductors and electronics industries.

A3 Unusual items affecting assets, liabilities, equity, net income or cash flows

There were no unusual items affecting assets, liabilities, equity, net income or cash flows during the current interim period.

A4 Material changes in estimates

There were no changes in estimates of amounts reported in prior interim period of the current financial year or changes in estimate of amounts reported in prior financial year.

A5 Debts and equity securities

During the current quarter, the Company issued 1,181,000 and 124,200 new ordinary shares at issued price of RM3.4628 and RM3.7937 respectively pursuant to the Employee Shares Grant Scheme ("SGS").

Saved as disclosed above, there were no other issuances, cancellations, repurchases, resale or repayments of debts and equity securities during the current quarter under review.

A6 Dividend paid

During the financial period, the Company paid an interim tax exempt dividend of 0.50 sen per share amounting to RM9,459,177 for the financial year ended 31 December 2024, paid on 17 January 2025.

A7 Segment reporting

No segment reporting has been prepared as the Group is principally engaged in development and production of vision inspection system and printed circuit board assemblies for microprocessor applications.

A8 Material events subsequent to the end of the quarter

There were no material events subsequent to the end of the current reporting period that have not been reflected in the interim financial report.

A9 Changes in the composition of the Group

There were no material changes in the composition of the Group during the current quarter under review.

A10 Contingencies

There were no contingent assets or liabilities for the Group since 31 December 2024 up to 30 June 2025.

A11 Contractual commitments

30-Jun-25 30-Jun-24

RM'000 RM'000

Acquisition of property, plant and equipment 46,610 9,560

A12 Significant related party transactions

There were no significant related party transactions during the current quarter under review.

A13 Financial instruments

Derivatives
As at 30 June 2025, the Group's outstanding derivatives are as follows:-
Forward exchange contracts - at fair value
RM'000
- Current assets 483
Derivatives consist of forward exchange contracts which are used to hedge the exposure to currency risk. The Group does not apply hedge accounting. As at 30 June 2025, the Group had contracts with financial institutions due within 1 year to buy RM53,120,000 and sell USD12,500,000 at contractual forward rates.
The fair values of forward exchange contracts were quoted by the financial institutions, which normally measured the fair values using present value technique by discounting the differences between contractual forward prices and observable current market forward prices using risk-free interest rate (i.e. Level 2).
Gains/(Losses) arising from fair value changes of financial liabilities
There were no gains/(losses) arising from fair value changes of financial liabilities for the current quarter and period ended 30 June 2025.
Fair value
The Group uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximising the use of relevant observable inputs and minimising the use of unobservable inputs.
The inputs to valuation techniques used to measure fair value are categorised into the following levels of fair value hierarchy:-
1. Level 1 - quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date.
2. Level 2 - inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.
3. Level 3 - unobservable inputs for the asset or liability.

As at end of the current quarter under review, the carrying amounts of receivables, cash and cash equivalents and payables which are short-term in nature or repayable on demand are reasonable approximations of fair values.

The fair value of long term loans are measured using present value technique by discounting the expected future cash flows using observable current market interest rates for similar liabilities (i.e. Level 2). The fair values measured are considered to be reasonably close to the carrying amount reported as the observable current market interest rates also approximate to the effective interest rates of term loans.

The fair value of forward exchange contracts were quoted by the financial institutions, which normally measured the fair values using present value technique by discounting the differences between contractual forward prices and observable current market forward prices using risk-free interest rate (i.e. Level 2).

There were no transfers between levels of fair value hierarchy during the current quarter under review.

B1 Review of performance

INDIVIDUAL QUARTER

Corresponding

Current quarter preceding quarter

ended ended

30-Jun-25 30-Jun-24 Changes Changes RM'000 RM'000 RM'000 %

Revenue	183,043	137,199	45,844	33.4%
Profit before tax	37,907	31,077	6,830	22.0%
Profit for the financial period	27,807	27,866	(59)	-0.2%
Profit attributable to owners of the Company	28,133	28,101	32	0.1%

In the quarter under review, the revenue has increased RM45.8 million or 33.4% from RM137.2 million to RM183.0 million, with both core businesses, Automated Board Inspection ("ABI") and Machine Vision System ("MVS") registering double-digit growth. ABI remained the largest contributor, while MVS benefited from stronger shipments of tray-handlers and vision systems.

Profit before tax ("PBT") improved RM6.8 million or 22.0% from RM31.1 million to RM37.9 million in tandem with revenue growth, partially offset by unfavourable foreign exchange loss. Profit after tax ("PAT") remained flat at RM27.8 million despite a double-digit increase in PBT, due to higher provision for tax expenses following the expiry of ViTrox Technologies Sdn. Bhd.'s pioneer status in mid-June.

CUMULATIVE QUARTER

Corresponding

Current period-to-date ended		preceding period-to-date ended
30-Jun-25		30-Jun-24	Changes	Changes
RM'000		RM'000	RM'000	%
Revenue	324,161	256,812	67,349	26.2%
Profit before tax	65,320	49,925	15,395	30.8%
Profit for the financial period	51,713	44,881	6,832	15.2%
Profit attributable to owners of the Company	52,293	45,331	6,962	15.4%

For the period ended 30 June 2025, ViTrox recorded a higher revenue of RM324.2 million, marking a significant increase of RM67.4 million or 26.2% compared to RM256.8 million in the corresponding preceding period. The revenue growth reflected a continued recovery across all regions and product lines.

PBT rose RM15.4 million or 30.8% from RM49.9 million to RM65.3 million, in line with revenue growth and continued prudent operating spending. However, an unfavourable foreign exchange loss partly offset this increase. The PAT increased 15.2% or RM6.8 million, from RM44.9 million to RM51.7 million, a slower pace than the growth in PBT. The lower PAT was caused by the provision of tax expenses due to the expiry of the pioneer status incentive.

B2 Variation of results against immediate preceding quarter

Current quarter ended		Immediate preceding quarter ended
30-Jun-25		31-Mar-25	Changes	Changes
RM'000		RM'000	RM'000	%
Revenue	183,043	141,118	41,925	29.7%
Profit before tax	37,907	27,413	10,494	38.3%
Profit for the financial period	27,807	23,906	3,901	16.3%
Profit attributable to owners of the Company	28,133	24,160	3,973	16.4%

The Group's revenue surged to RM183.0 million from RM141.1 million, representing an increase of RM41.9 million or 29.7% in the immediate preceding quarter. This robust growth was largely driven by a strong rebound in demand across all segments, particularly within the MVS segment.

PAT climbed 16.3% or RM3.9 million, from RM23.9 million to RM27.8 million in the current quarter review, with a 38.3% rise in PBT. Most of the operating uplift was absorbed by the increase in the provision of tax expenses followed by the expiry of the pioneer status incentive.

B3 Prospect

The global semiconductor market is expected to regain strong momentum in the second half of 2025, supported by growing demand in AI infrastructure, 5G-enabled devices, electric vehicles, and advanced medical technologies. The World Semiconductor Trade Statistics ("WSTS") projects over 11% market growth for 2025, marking a healthy return to double-digit expansion. Semiconductor Equipment and Materials International ("SEMI") also reports a 21% year-over-year increase in global semiconductor equipment investments, indicating that industry players are preparing for an upswing in demand. With secular trends in AI and digitalization continuing to unfold, the outlook for the industry remains promising, and customers are already lining up new production lines to stay ahead.

The Group remains cautiously positioned to benefit from the anticipated demand recovery. Ongoing, disciplined R&D investment will help us stay technologically relevant, but exchange-rate volatility, higher reciprocal tariffs to the USA, and component shortages could weigh on near-term margins. We will therefore manage costs prudently and capture emerging opportunities.

B4 Profit forecast, profit guarantee and internal targets

The Group did not provide any profit forecast, profit guarantee and internal targets in any public document or any announcements made.

B5 Tax expense

INDIVIDUAL QUARTER CUMULATIVE QUARTER

Corresponding Corresponding Current preceding

Current quarter preceding period-to-date period-to-date ended quarter ended ended ended

30-Jun-25 30-Jun-24 30-Jun-25 30-Jun-24 RM'000 RM'000 RM'000 RM'000

Current tax 10,100 3,211 13,607 5,044

The effective tax rate of the Group for the current financial period is lower than the statutory tax rate of 24%. This was mainly due to tax incentives enjoyed by its wholly-owned subsidiary, ViTrox Technologies Sdn. Bhd. ("VTSB"). The current provision of income tax is in respect of certain non-business income and non-tax exempted income generated from non-pioneer products and services.

VTSB has been granted pioneer status for 10 years to undertake activities relating to the development and production of embedded intelligent robotic inspection systems and machines with M2M connectivity and predictive analytic capability for semiconductor and electronics industries. The extended 5-year pioneer period expired on 16 June 2025. A new application for tax incentive, as submitted by VTSB, remained under assessment by the Malaysian Investment Development Authority ("MIDA") as at the date of this interim financial report.

B6 Status of corporate proposals announced

There was no corporate proposal announced and not completed as at the date of this report.

B7	Group borrowings	As at	As at	As at	As at
		30-Jun-25 RM'000	30-Jun-25 USD'000	30-Jun-24 RM'000	30-Jun-24 USD'000
	Term loans - secured
	Short-term borrowings	22,417	5,313	13,751	2,914
	Long-term borrowings	84,878	20,130	43,562	9,230
		107,295	25,443	57,313	12,144
	Exchange rate		4.22		4.72

Higher term loans in 2025 is contributed by drawdown of additional term loan to finance the construction of Campus 3.0 in Batu Kawan.

The effective interest rates for the current period ended ranged from 5.32% to 5.35% as compared to 6.35% to 6.37% for the corresponding preceding period.

B8 Material litigation

As of the date of this announcement, the Group is not engaged in any material litigation and the Board of Directors do not have any knowledge of any proceedings pending or threatened against the Group.

B9 Dividend

The Company proposed a final dividend of 0.70 sen per share exempt from income tax for the year ended 31 December 2024 on 9 April 2025. The shareholders had on 29 May 2025 approved the final dividend amounting to RM13,251,984 which was paid to all holders of ordinary share on 15 July 2025 whose name appeared in the Record of Depositors at the close of business for 30 June 2025.

B10 Earnings per share

INDIVIDUAL QUARTER CUMULATIVE QUARTER

Corresponding

	Current quarter ended	Corresponding preceding quarter ended	Current period-to-date ended	preceding period-to-date ended
	30-Jun-25	30-Jun-24	30-Jun-25	30-Jun-24
Profit attributable to owners of the Company (RM'000)	28,133	28,101	52,293	45,331
Weighted average number of shares for computing basis
earnings per share ('000)	1,892,711	1,891,507	1,892,711	1,891,507
Basic earnings per share (sen)	1.49	1.49	2.76	2.40
Weighted average number of shares for computing diluted earnings per share ('000)	1,898,506	1,898,076	1,898,506	1,898,076
Diluted earnings per share (sen)	1.48	1.48	2.75	2.39

B11 Auditors' report on preceding annual financial statements

The auditors' report on the financial statements for the year ended 31 December 2024 was not subject to any qualification.

B12 Profit before tax

INDIVIDUAL QUARTER CUMULATIVE QUARTER

Corresponding

	Current quarter ended	Corresponding preceding quarter ended	Current period-to-date ended	preceding period-to-date ended
	30-Jun-25	30-Jun-24	30-Jun-25	30-Jun-24
Profit before tax is arrived	RM'000	RM'000	RM'000	RM'000
at after charging/(crediting):-
Amortisation and depreciation Fair value (gain)/losses on financial instruments mandatorily measured	3,755	3,177	7,556	6,342
at fair value through profit or loss:- - realised	(1,245)	498	(1,969)	1,954
- unrealised	(98)	(441)	(483)	152
Loss/(Gain) on foreign exchange:-
- realised	7,805	(94)	9,835	(2,339)
- unrealised	1,325	322	1,725	332
Impairment loss/(gain) on financial assets	158	(569)	229	(1,263)
Interest expense	1,258	945	1,869	1,917
Inventories written down	27,786	25,645	27,786	25,645
Property, plant and equipment written off	0	4	16	4
Amortisation of deferred income	(462)	(4)	(703)	(7)
Gain on disposal of property, plant and equipment	(5)	0	(5)	0
Interest income	(3,303)	(3,006)	(6,196)	(5,979)
Reversal of inventories written down	(26,419)	0	(25,418)	(23,716)

Save as disclosed above, the other items as required under Appendix 9B, Part A (16) of the Bursa Securities Main Market Listing Requirements are not applicable.

B13 Authorisation for issue

The interim financial statements are authorised for issue by the Board of Directors on 24 July 2025.

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