YB Ventures publishes 2026 annual report
Bitget2026/10/30 11:21- YB Ventures completed its shift to tile trading and distribution in fiscal 2026, ending manufacturing at Kulai on October 31, 2025.
- The transition restored gross profitability as manufacturing overheads fell; overall losses narrowed despite lower revenue.
- Inventory rationalization reduced stock levels, while stronger collections lowered trade receivables.
- Plant and machinery disposals continued as the former manufacturing premises were cleared for potential alternative use.
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