Back
15 May 2025
Medi Lifestyle Limited Navigates 1Q 2025: Soaring Revenue from Commodity Trading Helps Reduce Quarterly Loss
Summary:
- Medi Lifestyle Limited reported a significant increase in revenue to RM 3,333,000 for the first quarter of 2025, primarily driven by agricultural commodity trading.
- The group experienced a decrease in gross loss, reporting RM 19,000 for the quarter, compared to RM 59,000 in the prior year.
- Net loss for the period was RM 881,000, lower than the net loss of RM 1,353,000 reported in the corresponding period of the previous year.
- Basic and diluted loss per share attributable to owners of the company improved to (0.54) Malaysia sen, compared to (1.07) Malaysia sen in the prior year quarter.
- As at 31 March 2025, the net equity/capital deficiency attributable to owners of the company was RM (2,219,000).