CFM Holdings Limited provided earnings guidance for the financial year ended 30 June 2022. For the period expects to record a significantly higher profit after tax for as compared to profit after tax for FY2021. The improvement in
financial performance in terms of profit after tax for FY2022 was mainly due to higher revenue contributed by the metal stamping segment due to increase in customer's orders for Johor, Penang, Slovakia and China-Dalian operations and a slight increase in revenue from the cleanroom segment offset by lower revenue from the warehousing and logistics segment. The higher gross profit margin during FY2022 also contributed to the improvement in profit after tax for FY2022.