KUALA LUMPUR (Feb 25): Sedania Innovator Bhd has returned to the black with a net profit of RM153,000 in the fourth quarter ended Dec 31, 2019 (Q4 2019), compared with a net loss of RM3.15 million in the same period a year ago.

In a filing with Bursa Malaysia today, the technology company said the improved performance in the quarter under review was mainly due to increased revenue contributed from its green technology (green tech) and Internet of Things (IoT) segments.