Varia Berhad has approved the change of financial year end from 31 March to 30 June. The next audited financial statements shall be made up from 1 April 2023 to 30 June 2024, covering a period of 15 months and subsequently, the fiscal year end shall end on 30 June. The change of fiscal year-end is to coincide with its financial year to be consistent with the Company's newly acquired wholly-owned subsidiary, Pembinaan Teguh Maju Sdn Bhd which must fulfil the terms of its profit guarantee to the Company.