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.
As semiconductor companies invest more in advanced packaging, automation, and smart factories, demand for 3REN's engineering expertise is likely to increase. The stronger the industry's investment cycle, the greater the opportunity for 3REN.
If Top Glove Corporation Bhd really getting their act together, then Zantat Holdings Berhad order book confirm got good chance to grow soon lah. Since calcium carbonate demand usually move together with glove production output, this counter looking quite solid if you want to ride the recovery momentum
That extra 7million looks like solid backing for their expansion plans without overstretching the balance sheet. Gearing ratio still sits pretty low so this extra debt should be manageable for the long run.
Meanwhile, the Processing & Trading of Wood segment stayed profitable with a modest RM91,000 profit. However, this was a sharp decline from RM650,000 in the same quarter last year, caused by weaker demand for logs and rising diesel prices that increased transportation and logging expenses.
The company’s two core segments delivered mixed results, with Furniture facing major challenges while the Wood division remained marginally profitable.
The Manufacturing & Trading of Furniture segment recorded a loss before tax of RM4.8 million, mainly due to high ocean freight costs, geopolitical uncertainties, and the strengthening of the Ringgit against the US Dollar, which reduced export profitability.
That 40 sen target look very steady since the buying pressure keep holding up nicely. If the volume continue sustain like this, no problem to hit that price level soon.
Meanwhile, Contract Revenue contributed RM4.04 million through underground cable laying and engineering services handled by its subsidiary, Sediacom. The Trading segment remained relatively small, contributing RM0.29 million from fiber optic cables and related products.
Master Tec’s revenue is primarily driven by its Manufacturing segment, which is the company’s main growth engine. This division generated RM86.83 million and recorded over 36% year-on-year growth, fueled by strong demand for power cables from infrastructure, utility, and renewable energy projects.
