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Oasis Home recorded a small net loss of RM208,000 in the final quarter of FY2025 due to one-off listing expenses. However, thanks to growth in its live e-commerce business, the company posted revenue of RM20.33 million during the same quarter.
Excluding the listing expenses, Oasis Home would have achieved a pre-tax profit of RM540,000 for the quarter.
For 1H25, revenue stood at RM62.9 million while NPI came in at RM30.9 million, reflecting yoy declines of 3.1% and 12.1%, respectively, due to a one-off backdated education lease recognised in 2024. Excluding this, management said underlying performance remained stable.
The Malaysian government is currently actively promoting the National Energy Transition Roadmap (NETR), with EV infrastructure being a key component. A company like Meta Bright, which possesses existing resources and understands strategic integration, indeed has the potential to gain greater growth opportunities in this trend.
For investors, this once low-profile energy company may well be steadily paving its own “fast-charging track” in the new economy.
