Revenue for the quarter gained 12.93% to RM17.03 million from RM15.08 million in 1QFY14.
No dividend was declared for the current quarter under review, according to its filing with Bursa Malaysia today.
Lysaght (fundamental: 1.4; valuation: 1.65) said it had on Sept 5 last year entered into a Sales and Purchase Agreement with Semai Haruman Sdn Bhd for the disposal of a piece of leasehold land in Bandar Sunway for RM6.4 million.
According to the group, the land, measuring approximately 352 square metres together with a 4-storey shop-office erected thereon, was held under individual title.
"The disposal of investment property was completed during the financial period under review," it added.
On prospects, Lysaght said the year ahead is very challenging.
"Enquiries have reduced, competition remains very stiff. Pricing will be very challenging with the introduction of goods and services tax (GST) in April 2015.
"The management will look into adding value to our group's range of products," it added.
Lysaght shares was unchanged at RM3.60 as at 12.30pm, giving it a market capitalisation of RM149.69 million.
LYSAGHT (9199)
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