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Q1 report is out, and there were some listing expenses incurred during the quarter. Excluding those one-off expenses, the adjusted profit after tax would be around RM4 million
That listing fee makan a bit of the bottom line but the core business is actually steady lah, if you ignore the one-off costs, that four million profit shows the fundamentals still quite solid one
Ya lor, the listing costs definitely distorted the results a bit. If you look past the one-off expenses, RM4 million profit is actually not bad and shows the business still has a decent foundation. Now need to see whether future quarters can sustain the momentum once all the listing-related costs are out of the picture.