Sedania posts profit for FY21

SEDANIA Innovator Bhd recorded a net profit of RM8.52 million for the financial year ended Dec 31, 2021 (FY21) compared to a net loss of RM10.23 million a year ago, while revenue surged to RM49.1 million from RM29.74 million previously. Sedania said in a statement yesterday that stronger sales from its sustainable energy and sustainable healthcare segments collectively contributed 87% to group revenue. It expects to perform better in the 2022 financial year as it focuses on these two segments to grow the company.

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