Why did Melar's net profit surge in Q4 despite high expenses?

Melar Acquisition I (MACI) experienced a surge in net profit in Q4 primarily due to **high dividend and interest income on marketable securities and cash held in the Trust Account**.

1. **Significant Dividend and Interest Income**: The company generated substantial dividend and interest income, amounting to $4.41 million, which significantly contributed to the net income. This income stream is a result of the company's investment strategy focused on generating returns from marketable securities and cash held in trust accounts.
2. **Strategic Financial Management**: The strategic management of Melar Acquisition I's financial assets, including the optimal placement of cash and marketable securities, has yielded notable returns. This indicates effective financial planning and execution, which has been a key factor in boosting the company's net profit despite high expenses.

In summary, Melar's net profit surge in Q4 can be attributed to strategic financial management and effective investment practices, which have outweighed the impact of high expenses.