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Financial Year 2024

Annual Report

A summary of D2S Resources Sdn Bhd's financial performance and business progress for the year ended 31 December 2024, drawn from our audited statutory financial statements.

Financial Highlights

Key figures from our audited financial statements for FY2024, compared against FY2023.

RM 4,190,569
Total Revenue
Up from RM 1,608,844 in 2023
RM 435,348
Gross Profit
Up from RM 259,680 in 2023
RM 591,296
Total Equity
Up from RM 585,021 in 2023
RM 762,606
Total Assets
Up from RM 620,888 in 2023

A Message From Our Directors

“

FY2024 was a year of strong momentum for D2S Resources. Revenue grew by more than two and a half times over the previous year, reflecting the trust our clients continue to place in our recruitment, staffing and IT consulting services.

We remained disciplined in how we scaled the business, expanding our team while keeping a close eye on operational costs, and we ended the year in a healthier equity and asset position than ever before. We thank our clients, employees and partners for making this growth possible, and we look forward to building on this foundation in the year ahead.

Joseph Rajarajan Joseph Raj
Director, D2S Resources Sdn. Bhd.

Statement of Comprehensive Income

For the financial year ended 31 December 2024, as reported in our audited financial statements.

Particulars FY2024 (RM) FY2023 (RM)
Revenue 4,190,569 1,608,844
Cost of Sales (3,755,221) (1,349,164)
Gross Profit 435,348 259,680
Administrative Expenses (427,966) (237,313)
Profit Before Taxation 7,382 22,367
Income Tax Expense (1,107) (6,922)
Net Profit for the Financial Year 6,275 15,445

Figures are extracted from the audited statutory financial statements of D2S Resources Sdn. Bhd. for the financial year ended 31 December 2024, prepared in accordance with the Malaysian Private Entities Reporting Standard (MPERS) and the Companies Act 2016.

Growth at a Glance

160%
Growth in Revenue year on year
RM 324,762
Cash and cash equivalents at year end
RM 3.42M
Invested in employee benefit expenses

Statement of Financial Position

  • Total Non-Current Assets: RM 1,998
  • Total Current Assets: RM 760,608
  • Total Assets: RM 762,606
  • Total Equity: RM 591,296
  • Total Current Liabilities: RM 171,310

Corporate Information

  • Incorporated in Malaysia, Registration No. 201401036855 (1112994-U)
  • Principal activities: management consultancy, information technology consulting, manpower consulting and software services
  • Audited by Messrs. TL Lim and Company, Chartered Accountants (AF1104)
  • Financial statements prepared under the Malaysian Private Entities Reporting Standard (MPERS)

This page presents a summary of financial highlights drawn from the audited statutory financial statements of D2S Resources Sdn. Bhd. for the financial year ended 31 December 2024. It is intended for general informational purposes only and does not replace the full audited financial statements. For a complete copy of the report, please contact us.