KUALA LUMPUR – SKP Resources reported RM458.8 million ($97.5 million) in revenue for its fourth quarter, a year-over-year decrease of 5%.

"Against the backdrop of reduced sale orders received from customers, the group relentlessly implemented various cost optimisation efforts to mitigate the rise in production costs," the company said.

Net profit for the quarter was RM24.7 million ($5.2 million), compared to RM16.1 million ($3.4 million) in the same period last year.

“We will continue to expand our printed circuit board assembly, injection moulding and engineering capabilities to take advantage of a widened product assortment,” SKP said.

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