KGW revenue declined by RM10.61 million (27.14%) from RM39.09 million in Q3 2024 to RM28.48 million in Q4 2024, primarily due to reduced ocean freight revenue. However KGW achieved a PBT of RM3.63 million in Q4 2024, recovering from a loss of RM2.64 million in Q3 2024, driven by lower operating expenses and a favorable USD exchange rate.