Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Profitability improved despite lower revenue, driven by significantly reduced raw material costs, which lifted Gross Profit Margin from 13.35% to 16.63%. Revenue from Sourcing & Distribution of Plant-Based Products fell 9.76% YoY to RM27.03M, with sales volume down 2.28%, while Food Additives & Fried Shallots grew strongly, with revenue up 35.5% to RM5.55M and sales volume increasing 42.07% on strong demand. Malaysia remains the core market, contributing 98.79% of total revenue, while overseas sales accounted for only 1.21%
Wait for support level stabilize then enter slowly, no need rush follow crowd buy blindly. Fundamentals look solid enough for long term hold so just dca steady lah
Further rerating catalyst would require stronger-than-expected order replenishment and margins, Maybank Investment said, noting that Kee Ming is tendering for projects worth RM2.2 billion at the end of August, signalling strong replenishment opportunities ahead
Interesting to see SCBUILD expanding beyond traditional property development into solar, EV charging, and green housing. Diversification could be a key growth driver
