Classita Holdings Berhad: Navigating Growth Amidst Market Challenges – A Deep Dive into Q3 FY2025
Greetings, fellow investors and market enthusiasts! Today, we’re taking a closer look at the latest financial heartbeat of Classita Holdings Berhad, a diversified Malaysian conglomerate primarily involved in manufacturing and sales of undergarments, direct selling, property development, and investment holding. The company has just released its unaudited condensed consolidated financial statements for the quarter ended 31 March 2025 (Q3 FY2025), and there’s certainly much to unpack.
Despite a backdrop of cautious market sentiment, Classita has demonstrated notable resilience and a significant turnaround in profitability, particularly in its latest quarter. From a substantial improvement in operating cash flow to a robust increase in revenue, this report highlights the company’s strategic efforts to navigate its diverse business landscape. Let’s delve into the numbers that paint a clearer picture of Classita’s journey.
Unpacking the Numbers: A Quarter of Significant Turnaround
Quarterly Performance: Q3 FY2025 vs. Q3 FY2024
Classita Holdings Berhad delivered a strong performance in the current quarter, showcasing impressive growth across key financial metrics compared to the same period last year. This surge is primarily attributed to robust sales from its manufacturing and property development segments.
Revenue (Q3 FY2025)
RM13,293k
Revenue (Q3 FY2024)
Revenue for Q3 FY2025 climbed by RM3.57 million, marking a substantial 26.86% increase. This was largely driven by higher sales in the manufacturing segment, particularly from customers in Turkey, Germany, and South Korea, alongside increased property sales.
Profit Before Taxation (Q3 FY2025)
RM652k
Profit Before Taxation (Q3 FY2024)
Profit Before Taxation saw a healthy rise of 33.28%, reaching RM0.87 million. This improvement was fueled by higher sales, corresponding gross profits, and a significant recovery of impairment on trade receivables, contributing to higher other operating income.
Profit Attributable to Owners (Q3 FY2025)
RM84k
Profit Attributable to Owners (Q3 FY2024)
The bottom line for shareholders looks even brighter, with Profit Attributable to Owners of the Company soaring by an impressive 1,088.10% to RM0.998 million, translating to a Basic Earnings Per Share of 0.08 sen, a significant turnaround from the previous year’s negligible figure.
Period-to-Date Performance: 31 March 2025 vs. 31 March 2024
Looking at the cumulative nine-month performance, Classita also demonstrated a strong recovery from a loss-making position in the previous year, underscoring the effectiveness of its ongoing strategies.
Revenue (Period-to-Date 31 Mar 2025)
RM37,920k
Revenue (Period-to-Date 31 Mar 2024)
Cumulative revenue increased by RM8.96
