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Vanzo improved profitability despite a slight year-on-year revenue decline, with gross profit margin rising from 53.4% to 60.3% due to strategic pricing and a stronger focus on higher-margin products. Net profit also increased 32.1% quarter-on-quarter to RM1.59 million, supported by lower costs and an improved product mix. Meanwhile, the RM14 million IPO proceeds have been fully utilised for business expansion, debt repayment, working capital, and listing expenses.
Vanzo is on the right track because their margins are getting super steady and that profit jump shows the management really know how to play the game for long-term growth
I actually like this kind of growth, instead of chasing revenue blindly, Vanzo seems to be focusing on products with better margins, which can improve earnings quality
The management confirm really steady hands one because margin expansion from better product mix and cost control showing they know exactly how to scale the business properly.
