{"id":43651,"date":"2024-06-11T02:56:58","date_gmt":"2024-06-11T02:56:58","guid":{"rendered":"https:\/\/www.aplf.com\/2024\/06\/11\/automotive-record-profit-for-pecca-group-in-fiscal-2023\/"},"modified":"2024-06-11T02:57:10","modified_gmt":"2024-06-11T02:57:10","slug":"automotive-record-profit-for-pecca-group-in-fiscal-2023","status":"publish","type":"post","link":"https:\/\/www.aplf.com\/zh-hans\/2024\/06\/11\/automotive-record-profit-for-pecca-group-in-fiscal-2023\/","title":{"rendered":"Automotive &#8211; Record profit for Pecca Group in fiscal 2023"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"43651\" data-post-id=\"43651\" data-obj-id=\"43651\" class=\"elementor elementor-43651 dce-elementor-post-43651 elementor-43635\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-372d15d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"372d15d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-865f172\" data-id=\"865f172\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-35eab76 elementor-widget elementor-widget-text-editor\" data-id=\"35eab76\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: left;\">11 June 2024<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-23791b0 elementor-widget elementor-widget-heading\" data-id=\"23791b0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Automotive - Record profit for Pecca Group in fiscal 2023<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0299a3a elementor-widget elementor-widget-image\" data-id=\"0299a3a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"600\" height=\"399\" src=\"https:\/\/www.aplf.com\/wp-content\/uploads\/2024\/06\/image-9.jpeg\" class=\"attachment-large size-large wp-image-43637\" alt=\"\" srcset=\"https:\/\/www.aplf.com\/wp-content\/uploads\/2024\/06\/image-9.jpeg 600w, https:\/\/www.aplf.com\/wp-content\/uploads\/2024\/06\/image-9-500x333.jpeg 500w\" sizes=\"(max-width: 600px) 100vw, 600px\" style=\"width:100%;height:66.5%;max-width:600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3baaeb8 elementor-widget elementor-widget-text-editor\" data-id=\"3baaeb8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Automotive and aviation leather supplier Pecca Group has reported its financial results for the fourth quarter and 2023 fiscal year, when revenue was up 34.5% to RM221.26 million (US$47.1 million). By <a href=\"https:\/\/internationalleathermaker.com\/\" target=\"_blank\" rel=\"noopener\">ILM<\/a>.<\/p>\n<p>Net profit for the year was up 55% to a record RM35.4 million (US$7.54 million), surpassing 2022\u2019s already record-breaking result.<\/p>\n<p>For the fourth quarter of the year, revenue was up 7.05% to RM54.33 million (US$11.6 million), which Pecca attributed primarily to demand for car upholstery, sewing and supply of car accessory covers.<\/p>\n<p>Net profit for the quarter was up 22% year-on-year to RM10.08 million (US$2.15 million), while the net profit margin for the period was 18.6%, up from 16% in the same quarter of FY2022.<\/p>\n<p>CEO Foo Ken Nee said: \u201cWe are pleased to report another record high quarter of strong financial results, demonstrating our commitment to delivering sustained business growth. Notably, this is the fourth consecutive quarter in fiscal 2023 where Pecca has set a new net profit record.\u201d<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-75d80fd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"75d80fd\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1c00671\" data-id=\"1c00671\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-19eb4bc elementor-widget elementor-widget-spacer\" data-id=\"19eb4bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>11 June 2024 Automotive &#8211; Record profit for Pecca&hellip; <a class=\"more-link\" href=\"https:\/\/www.aplf.com\/zh-hans\/2024\/06\/11\/automotive-record-profit-for-pecca-group-in-fiscal-2023\/\">\u7ee7\u7eed\u9605\u8bfb<span class=\"screen-reader-text\">Automotive &#8211; Record profit for Pecca Group in fiscal 2023<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":43637,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-43651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news-sc","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Automotive - Record profit for Pecca Group in fiscal 2023 - APLF Limited<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.aplf.com\/zh-hans\/2024\/06\/11\/automotive-record-profit-for-pecca-group-in-fiscal-2023\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Automotive - Record profit for Pecca Group in fiscal 2023 - APLF Limited\" \/>\n<meta property=\"og:description\" content=\"11 June 2024 Automotive &#8211; 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