The overall numbers were weighed down by its publishing and printing segment. For the same six months to March, revenue from this business dropped 14% y-o-y to $96.5 million, no thanks to reduced printing orders and the closure of unprofitable business units.
"Despite prevailing challenges, our steadfast commitment to driving growth has yielded satisfactory results to date," says CEO Hui Choon Kit.
"We've sustained our positive momentum from the last quarter of FY2023, capturing market share and achieving notable growth in volume, sales, and profits," he adds.
Despite the better bottom line, the company plans to maintain its interim dividend at 1.5 cents.
See also: Creative guides for ‘similar level of operating loss’ for 2HFY2025
F&N shares last traded at $1.02, down 4.67% year to date.
