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Resintech Berhad is showing encouraging earnings momentum, with Q1 FY2027 net profit jumping over 80% YoY to RM4.75mil. Growing demand for its pipe systems, both locally and overseas, remains a key catalyst. A stronger ringgit and lower raw material costs could also support better margins ahead. Worth watching if this momentum continues.
This counter definitely steady lah with that massive profit jump and if the ringgit keeps getting stronger their margins confirm can fly further so just keep your eyes peeled on the volume.
Resintech mainly manufactures plastic pipes and infrastructure-related products, benefiting from growing demand in water infrastructure, construction, and data centres, while also expanding into worker accommodation rentals to create a new recurring income stream, potential gem ?
Resintech got solid long-term potential with their steady water industry demand, though you need to watch their thin margins and valuation closely before going all in.
