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Weak result but share prices well supported, with the bull run on Slvest and Pekat, probably it will follow the solar theme, will it be a dark horse if the result start turning into the black ?!
JSSOLAR still got potential as a dark horse because if sentiment stay bullish for solar sector and their earnings start showing green, confirm the stock price will follow the run up like the rest.
Q1 results came out already. Revenue actually did well, up 26.2% YoY to RM30.27 million. However, higher admin costs ate into the earnings, causing profit to fall 90.8% to RM0.19 million
No worries, management is still positive about the rest of FY27. With more people and businesses going solar, plus ongoing upgrades to the power grid, there are still plenty of opportunities ahead
Revenue growth show they got strong demand, but management need to control their admin spending fast if they want to build real long-term value for shareholders.
JS Solar Holding Bhd has secured a letter of acceptance from GSPARX Sdn Bhd for engineering, procurement, construction and commissioning works and battery energy storage system at AEON Mall Seremban 2, worth RM18.05mil
