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By addressing the Bumiputera equity conditions head-on, Steel Hawk secures its operational standing and avoids potential future complications, allowing management to focus fully on its core business.
Advancecon Holdings Berhad (KLSE:ADVCON) Second Quarter 2025 Results
Revenue: RM108.6m (up 17% from 2Q 2024).
Net income: RM1.27m (up from RM4.62m loss in 2Q 2024).
Profit margin: 1.2% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue.
EPS: RM0.002 (up from RM0.008 loss in 2Q 2024).
For the first six months of FY2025, Master Tec's net profit declined 16.83% to RM11.39 million from RM13.69 million in the previous corresponding period, while revenue increased by a quarter to RM175.06 million from RM139.99 million.
According to Maybank IB, the surge in Oasis Home’s live commerce segment was mainly due to expanded product range, in addition to live broadcast channels and increased sales through third-party eCommerce marketplaces.
