Vitrox Corp. Bhd.MYX: VITROX

Quarterly Report For The Financial Period Ended 30 September 2025

Oct 23, 2025 at 9:03 AM UTC · Issued by Vitrox Corp. Bhd.

VITROX CORPORATION BERHAD

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

INTERIM FINANCIAL REPORT

FOR THE THIRD QUARTER ENDED 30 SEPTEMBER 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)
				Corresponding	Current	Corresponding preceding
		Current quarter	preceding quarter		period-to-date	period-to-date
		ended		ended	ended	ended
	Note	30-Sep-25 RM'000		30-Sep-24 RM'000	30-Sep-25 RM'000	30-Sep-24 RM'000
Revenue		228,567		146,702	552,728	403,514
Other operating income		7,110		6,314	21,583	17,323
Operating expenses		(184,486)		(126,965)	(454,889)	(342,692)
Finance costs		(1,405)		(856)	(3,274)	(2,773)
Share of associate's loss		678		(58)	(364)	(310)
Profit before tax	B12	50,464		25,137	115,784	75,062
Tax expense	B5	(16,153)		(2,898)	(29,760)	(7,942)
Profit for the financial period		34,311		22,239	86,024	67,120
Other comprehensive income for the financial period:-
Item that may be reclassified subsequently to profit or loss:- - Currency translation differences for the foreign operations		107		(2,251)	(896)	(2,103)
Comprehensive income
for the financial period		34,418		19,988	85,128	65,017
Profit/(loss) for the financial period attributable to:- - Owners of the Company		34,716		22,451	87,009	67,782
- Non-controlling interests		(405)		(212)	(985)	(662)
		34,311		22,239	86,024	67,120
Comprehensive income for the financial period attributable to:- - Owners of the Company		34,823		20,200	86,113	65,679
- Non-controlling interests		(405)		(212)	(985)	(662)
		34,418		19,988	85,128	65,017
Earnings per share attributable to owners of the Company (sen) B10 - Basic		1.83		1.19	4.60	3.58
- Diluted		1.83		1.18	4.58	3.57

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-Sep-25 RM'000 (Unaudited)	As at 31-Dec-24 RM'000 (Audited)
ASSETS
Non-current assets
Property, plant and equipment	235,199	222,122
Goodwill	3,257	3,257
Investment properties	55,600	55,600
Right-of-use assets	77,311	78,534
Development expenditure	5,575	5,575
Investment in associate	19,582	19,946
Investments in club memberships, at cost	91	91
Deferred tax assets	904	903
Receivables	263	0
	397,782	386,028
Current assets
Inventories	259,900	201,426
Receivables	293,323	237,001
Derivatives	267	0
Prepayments	43,888	43,511
Current tax assets	90	842
Cash and cash equivalents	456,717	340,134
	1,054,185	822,914
TOTAL ASSETS	1,451,967	1,208,942
EQUITY AND LIABILITIES
Equity
Share capital	68,148	63,587
Reserves	1,029,307	957,898
Equity attributable to owners of the Company	1,097,455	1,021,485
Non-controlling interests	(3,393)	(2,408)
Total equity	1,094,062	1,019,077
Non-current liabilities
Deferred tax liabilities	6,642	6,174
Loans and borrowings	79,361	34,876
Lease liabilities	229	306
Deferred income on government grants	5,128	526
Total non-current liabilities	91,360	41,882
Current liabilities
Derivatives	0	2,212
Payables	190,340	101,406
Dividend payable	0	9,459
Loans and borrowings	22,377	12,993
Lease liabilities	101	179
Contract liabilities	30,393	19,177
Current tax liabilities	23,334	2,557
Total current liabilities	266,545	147,983
Total liabilities	357,905	189,865

TOTAL EQUITY AND LIABILITIES	1,451,967	1,208,942
Net assets per ordinary share attributable to owners of the Company (sen)	59.97	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 September 2025

63,587	14,160	761	7,593	(293)	935,677	1,021,485	(2,408)	1,019,077
0	0	0	3,109	0	0	3,109	0	3,109
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	(1,452)	0	(13,252)	(10,143)	0	(10,143)
0	0	0	0	(896)	0	(896)	0	(896)
0	0	0	0	0	87,009	87,009	(985)	86,024
0	0	0	0	(896)	87,009	86,113	(985)	85,128
68,148	14,160	761	6,141	(1,189)	1,009,434	1,097,455	(3,393)	1,094,062

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 September 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 September 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)	2,530 0	0 0	0 0	2,530 96	0 0	2,530 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)	(959)	0	(18,559)	(18,184)	0	(18,184)
Currency translation differences for foreign operations (representing other comprehensive income for the financial period)	0	0	0	0	0	(2,103)	0	(2,103)	0	(2,103)
Profit/(loss) for the financial period	0	0	0	0	0	0	67,782	67,782	(662)	67,120
Comprehensive income for the financial period	0	0	0	0	0	(2,103)	67,782	65,679	(662)	65,017
Balance at 30 September 2024	63,587	14,160	520	0	6,629	(1,297)	922,802	1,006,401	(2,134)	1,004,267

* 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-Sep-25	30-Sep-24
	RM'000	RM'000
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before tax	115,784	75,062
Adjustments for:-
Amortisation of deferred income	(1,161)	(10)
Depreciation	11,364	9,508
Fair value gains on financial instruments	(831)	(6,472)
Impairment losses/(gains) on financial assets	450	(1,796)
Interest expense	3,274	2,773
Interest income	(9,982)	(9,037)
Inventories written down	26,969	26,576
Gain on disposal of property, plant and equipment	(15)	0
Property, plant and equipment written-off	16	4
Reversal of inventories written down	(25,418)	(23,716)
Share of associate's loss	364	310
Share-based payments	3,109	2,530
Unrealised (gain)/loss on foreign exchange	(1,528)	16,021
Operating profit before working capital changes	122,395	91,753
Changes in:-
Inventories	(60,025)	(15,038)
Receivables	(61,954)	(48,163)
Derivatives	(2,212)	809
Prepayments	(377)	(28,598)
Payables	89,710	(11,738)
Contract liabilities	11,216	10,477
Cash generated from/(absorbed by) operations	98,753	(498)
Interest and fund distributions received	10,537	9,914
Tax paid	(7,777)	(9,768)
Tax refunded	20	0
Net cash from/(used in) operating activities	101,533	(352)
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of property, plant and equipment	(23,233)	(14,445)
Acquisition of subsidiary, net of cash acquired	0	(3,503)
Addition investment in associate	0	(2,925)
Grant received	5,764	0
Proceeds from disposal of property, plant and equipment	15	0
Net cash used in investing activities	(17,454)	(20,873)
CASH FLOWS FROM FINANCING ACTIVITIES
Dividends paid	(22,711)	(32,627)
Drawdown of term loans	73,145	0
Interest paid	(3,073)	(2,899)
Issue of shares	0	96
Payment of lease liabilities	(154)	(190)
Repayment of term loans	(13,767)	(9,422)
Net cash from/(used in) financing activities	33,440	(45,042)

(The figures have not been audited)
		Corresponding
	Current	preceding
	period-to-date	period-to-date
	ended	ended
	30-Sep-25	30-Sep-24
	RM'000	RM'000
Currency translation differences	(936)	(3,568)
Net increase/(decrease) in cash and cash equivalents	116,583	(69,835)
Cash and cash equivalents at beginning of the year	340,134	388,992
Cash and cash equivalents at end of the year	456,717	319,157
Cash and cash equivalents consist of:-
Highly liquid investments	19,488	18,858
Term deposits	258,656	217,333
Cash and bank balances	178,573	82,966
	456,717	319,157

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

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 the following dividends:-.

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; and
the final tax exempt dividend of 0.70 sen per share amounting to RM13,251,984 for the financial year ended 31 December 2024, paid on 15 July 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 September 2025.

A11 Contractual commitments

30-Sep-25 30-Sep-24

RM'000 RM'000

Acquisition of property, plant and equipment 39,744 52,499

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 September 2025, the Group's outstanding derivatives are as follows:-
Forward exchange contracts - at fair value
RM'000
- Current assets 267
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 September 2025, the Group had contracts with financial institutions due within 1 year to buy RM50,699,500 and sell USD12,000,000 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 September 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-Sep-25 30-Sep-24 Changes Changes RM'000 RM'000 RM'000 %

Revenue	228,567	146,702	81,865	55.8%
Profit before tax	50,464	25,137	25,327	100.8%
Profit for the financial period	34,311	22,239	12,072	54.3%
Profit attributable to owners of the Company	34,716	22,451	12,265	54.6%

In the quarter under review, the Group achieved strong top-line performance with revenue surging by RM81.9 million or 55.8% to RM228.6 million compared to RM146.7 million. This achievement represents the highest quarterly revenue on record yet, driven by robust demand across both Automated Board Inspection (ABI) and Machine Vision System (MVS) segments.

The outstanding revenue growth translated into a stellar increase in profitability, with Profit before tax ("PBT") more than doubling, RM25.3 million or 100.8% from RM25.1 million to RM50.5 million. Profit after tax ("PAT") rose by RM12.1 million or 54.3%. This growth was lower than PBT growth due to a higher tax expense incurred as a result of the expiry of ViTrox Technologies Sdn. Bhd.'s pioneer status in the immediate preceding quarter.

CUMULATIVE QUARTER

Corresponding

Current period-to-date ended		preceding period-to-date ended
30-Sep-25		30-Sep-24	Changes	Changes
RM'000		RM'000	RM'000	%
Revenue	552,728	403,514	149,214	37.0%
Profit before tax	115,784	75,062	40,722	54.3%
Profit for the financial period	86,024	67,120	18,904	28.2%
Profit attributable to owners of the Company	87,009	67,782	19,227	28.4%

The Group's year to date performance reinforces the quarter's strong results, with cumulative revenue increasing by RM149.2 million or 37.0% to RM552.7 million compared to RM403.5 million in the corresponding preceding period. This cumulative growth demonstrates sustained and broad-based demand, with both the ABI and MVS segments being major contributors to the revenue base.

Mirroring the strong top-line growth, cumulative PBT grew by RM40.7 million or 54.3%, from RM75.1 million to RM115.8 million. The cumulative PAT increased at a slower pace of RM 18.9 million or 28.2%, from RM67.1 million to RM86.0 million. This slower growth in PAT compared to PBT over the period is largely driven by the impact of the provision for tax expenses following the expiry of the pioneer status incentive during the second quarter.

B2 Variation of results against immediate preceding quarter

Current quarter ended		Immediate preceding quarter ended
30-Sep-25		30-Jun-25	Changes	Changes
RM'000		RM'000	RM'000	%
Revenue	228,567	183,043	45,524	24.9%
Profit before tax	50,464	37,907	12,557	33.1%
Profit for the financial period	34,311	27,807	6,504	23.4%
Profit attributable to owners of the Company	34,716	28,133	6,583	23.4%

The Group's financial results registered substantial improvements sequentially, with revenue climbing by RM45.5 million or 24.9% to RM228.6 million from RM183.0 million reported in the immediate preceding quarter. This quarter has seen our most significant sequential growth this year, indicating a strong market recovery and the success of our strategies in meeting increased customer demand.

This strong top-line acceleration led to an even stronger surge in profitability, as PBT increased by RM12.6 million or 33.1%, to RM50.5 million from RM37.9 million in the current quarter review. PAT experienced a more modest increase of RM6.5 million, or 23.4%, reaching RM34.3 million. This moderated growth is attributed to ongoing prudent spending, which was counteracted by an increase in tax expense provisions following the expiration of the pioneer status incentive.

B3 Prospect

The global semiconductor market is expected to regain strong momentum in the second half of 2025, underpinned by rising demand in AI infrastructure, 5G-enabled devices and electric vehicles. The World Semiconductor Trade Statistics ("WSTS") projects market growth of over 11% in 2025, followed by a further 8.5% expansion in 2026, signalling a healthy, sustained recovery. This trajectory is overwhelmingly powered by the Logic and Memory segments, with major demand stemming from hyperscale data centres and the surge in generative AI services.

This market expansion is reinforced by record investment in manufacturing capacity. According to Semiconductor Equipment and Materials International ("SEMI"), global equipment sales are set to rise by around 7% year over year in 2025, with continued growth into 2026. Capital expenditure remains heavily concentrated on advanced technology nodes and advanced packaging, driving particularly strong growth in the back-end segment.

The Group maintains a cautiously optimistic stance, poised to capitalize on the anticipated demand recovery. Concurrently, we will continue to prioritize strategic investment in research and development to uphold our technological leadership and ensure the timely fulfilment of customer requirements. Furthermore, proactive cost management will be implemented to mitigate potential pressures on near-term margins, which may arise from exchange rate fluctuations and geopolitical instability.

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

Current quarter ended

Corresponding

preceding quarter ended

Current

period-to-date ended

preceding

period-to-date ended

30-Sep-25

30-Sep-24

30-Sep-25

30-Sep-24

RM'000

Current tax 16,153 2,898 29,760 7,942

The effective tax rate of the Group for the current financial period is higher than the statutory tax rate of 24%. This was mainly due to expiry of the tax incentives in the second quarter of the current financial period 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 30-Sep-25 RM'000	As at 30-Sep-25 USD'000	As at 30-Sep-24 RM'000	As at 30-Sep-24 USD'000
Term loans - secured Short-term borrowings	22,377	5,309	11,956	2,911
Long-term borrowings	79,361	18,828	34,980	8,516
	101,738	24,137	46,936	11,427
Exchange rate		4.22		4.11

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 5.19% to 5.34% as compared to 6.18% to 6.35% 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

No dividend was proposed and declared by the Company in current quarter under review.

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-Sep-25	30-Sep-24	30-Sep-25	30-Sep-24
Profit attributable to owners of the Company (RM'000)	34,716	22,451	87,009	67,782
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)	1.83	1.19	4.60	3.58
Weighted average number of shares for computing diluted earnings per share ('000)	1,898,564	1,896,874	1,898,564	1,896,874
Diluted earnings per share (sen)	1.83	1.18	4.58	3.57

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-Sep-25	30-Sep-24	30-Sep-25	30-Sep-24
	RM'000	RM'000	RM'000	RM'000
Profit before tax is arrived
at after charging/(crediting):-
Amortisation and depreciation	3,807	3,166	11,364	9,508
Fair value (gain)/losses on financial
instruments mandatorily measured
at fair value through profit or loss:-
- realised	(433)	(3,251)	(2,402)	(1,297)
- unrealised	216	(5,603)	(267)	(5,451)
Loss/(Gain) on foreign exchange:-
- realised	3,751	5,883	13,586	3,544
- unrealised	(3,253)	15,689	(1,528)	16,021
Impairment loss/(gain) on financial assets	221	(533)	450	(1,796)
Interest expense	1,405	856	3,274	2,773
Inventories written down	26,969	26,576	26,969	26,576
Property, plant and equipment written off	0	0	16	4
Gain on disposal of property, plant
and equipment	(10)	0	(15)	0
Amortisation of deferred income	(458)	(3)	(1,161)	(10)
Interest income	(3,786)	(3,058)	(9,982)	(9,037)
Reversal of inventories written down	(27,786)	(25,645)	(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 23 October 2025.

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