SHAH ALAM, February 28 – Synergy House Berhad (“Synergy House”), a prominent cross-border e-commerce seller and furniture exporter, has reported robust financial performance for the fourth quarter ended December 31, 2023. With revenue reaching RM90.8 million and a profit after tax (PAT) of RM10.3 million in 4Q FY2023, representing a notable increase from the previous quarter, the Group has declared a second interim dividend of 0.6 cent per ordinary share, reinforcing its commitment to shareholder returns.
For the full fiscal year, Synergy House recorded a total revenue of RM270.2 million and a PAT of RM27.1 million, reflecting substantial growth in both revenue and profit compared to the preceding year. The Group’s strategic focus on expanding its business-to-consumer (B2C) segment, along with investments in online presence and leveraging information technology and artificial intelligence, positions it for continued success in the global e-commerce market.
