Flexi's revenue for the current quarter was RM20.95 million, an increase of RM12.30 million or 142.10% from RM8.66 million in the same period last year, mainly due to the upgrade of existing production systems by existing customers, as well as revenue from mechanical and electrical works supply and installation subcontracts. However, the company recorded losses due to lower gross profit on certain items, provision for expected credit losses on accounts receivable of RM390,000, and loss on acquired subsidiary assets of RM420,000 incurred during the current quarter