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ee Ming Group Bhd is expected to post stronger earnings of RM7 million to RM9 million in the second quarter of the financial year 2027 (Q2 FY27), up 16 to 40 per cent quarter-on-quarter (QoQ).
Maybank Investment Bank Bhd (Maybank IB) said the earnings growth would be driven by progress in its data centre electrical fit-out and solar interconnection facility (IF) projects.
CIMB Securities estimated that developing 24 GW of new solar capacity would require RM93 billion in investment, potentially benefiting renewable energy developers such as Solarvest Holdings Bhd and Samaiden Group Bhd, as well as engineering and mechanical and electrical specialist Kee Ming Group Bhd, which is 23.85 per cent owned by Solarvest.
After the launch of the CRESS accelerated support scheme, the benefits are also starting to reach partner companies, such as Solarvest’s partner contractor, Kee Ming