this result was significantly impacted by an unrealized forex loss of RM74.9 million due to the revaluation of shareholder loans to Cahya Mata Phosphates which operates with a USD functional currency while holding RM denominated shareholder loans.

Excluding this unrealized forex loss, the normalized PBT for Q3 2024 is estimated to be RM51.5 million

For the nine-month period, the Group recorded total revenue of RM855.3 million and the normalized PBT of RM147.6 million for PE2024 represents a remarkable increase of 72.1% compared to the normalized PBT of RM85.7 million for the nine months ending 30 September 2023 (PE2023)