LY Corp FY2025 loss before tax widens 422.1% to MYR29.1 million

Reuters
02/27
LY Corp FY2025 loss before tax widens 422.1% to MYR29.1 million

LY Corp reported FY2025 revenue of MYR196.6 million (-11.6%) and a gross loss of MYR1.0 million, according to its full-year results release. Net loss attributable to shareholders was MYR18.7 million, with loss per share of 3.82 sen. For 2H2025, revenue was MYR94.4 million (-16.1%) and net loss attributable to shareholders was MYR4.0 million. The company said FY2025 revenue was impacted by lower export volume, with containers sold at 2,201, and a lower average selling price per container of MYR79,000, which it attributed largely to a weaker US dollar against the Malaysian Ringgit. The decline was partly offset by contributions from newly acquired LY Unity Group, which generated MYR22.0 million in FY2025. LY Corp also highlighted progress in expanding its retail cabinetry business across Malaysia, a partnership secured with a property developer, and plans to introduce its Unity Home concept at a southern retail outlet. As of 31 December 2025, net asset value was MYR188.8 million (MYR0.39 per share) and cash and cash equivalents were MYR13.2 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LY Corporation Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: WAZDFLCW80UU5QQZ) on February 27, 2026, and is solely responsible for the information contained therein.

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