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Elridge Energy Holdings Bhd’s memorandum of understanding with Berkana Power Company Ltd for the supply of about 100,000 tonnes per annum of palm kernel shells (PKS) is seen as a constructive development.
Zantat proprietary brand, Earthya, is gaining ground which successfully entered the Health Lane Family Pharmacy chain, expanding its retail presence across Malaysia
Profits were slightly lower compared to last year primarily because the company is investing heavily in future growth. High "pre-operational costs" for new centers are currently being absorbed to pave the way for long-term dominance.
Financial Snapshot (Q2 2025 vs. Q2 2024)
-Revenue: RM 47.3 Million (Up 9.4% from RM 43.2M)
-Profit After Tax (PAT): RM 11.85 Million (Down from RM 15.3M)
-Dividend Declared: 0.50 sen per share (Totaling RM 24.3 Million)
-Half-Year Revenue: RM 99.4 Million (A strong 15.3% year-on-year increase)
