FLEXI reported a loss before tax (LBT) of RM0.30 million, compared to a profit before tax (PBT) of RM1.21 million in Q4 FY2023. This was due to lower gross margins on selected projects, a RM0.39 million provision for expected credit losses on trade receivables, and a one-time loss of RM0.42 million from subsidiary asset acquisitions.