In a statement, the group said the sum marked an increase from the total revenue of RM38.35 million recorded in 2022.

It also reported a loss before tax of RM0.57 million for the financial year end of 2024, which it attributed to a one-off impairment for its sustainable energy segment.

In February, Sedania announced that its current financial year, which traditionally ends on Dec 31, will be switched to June 30.

The group’s chairman Abdul Halim Ali said Sedania’s performance underscored a crucial phase in its “ongoing transformation journey”.

“Our current quarter’s performance reflects our deliberate and strategic decision to recalibrate our sustainable energy segment. This move is essential for laying a strong foundation for our future growth.

“The significant traction gained in our sustainable fast-moving consumer goods (FMCG) and sustainable consumer tech segments is already propelling us towards a sustainable business model,” he said.

Meanwhile, Sedania’s managing director Azrin Noor said the group’s performance was a testament to the resilience of its consumer-driven model.

“Looking ahead, our focused strategies in sustainable FMCG and consumer tech will drive our top and bottom line growth,” he added.