LFG’S 2024 PATAMI LEAPS BY NINE-FOLD

Lianson Fleet Group Berhad (“LFG”) posted a strong Q4FYE2024, with revenue surging 84.6% to RM77.8 million and PATAMI reaching RM42.4 million, marking a sharp turnaround.

For the full year, revenue rose 18.0% to RM235.8 million, with PATAMI soaring nine-fold to RM45.0 million, driven by higher charter rates and fleet utilisation. With 40 new marine assets, LFG strengthens its market leadership.

T7 GLOBAL REPORTS 38.5% NET PROFIT GROWTH FOR 2024

T7 Global Berhad posted impressive results for FY2024, with revenue up 11.2% to RM647.2 million and PAT surging 38.5% to RM45.0 million. The Industrial Solutions division was a key growth driver, nearly doubling its revenue and contributing 43.5% of total earnings.

With multiple long-term contracts secured across MCM, HUC, and well services, T7 Global is well-positioned for sustained growth in 2025.

E&O’S 9MFYE2025 REVENUE EXCEEDS FULL-YEAR 2024 PERFORMANCE

Eastern & Oriental Berhad (“E&O”) reported an 81.9% revenue surge to RM167.7 million for Q3FYE2025, with cumulative nine-month revenue up 67.3% to RM504.4 million. Managing Director Kok Tuck Cheong attributed the growth to strong property sales and highlighted upcoming launches and the Gurney Bridge completion, reinforcing E&O’s luxury living vision.

OPTIMAX ACHIEVES RECORD REVENUE OF RM127.7 MILLION FOR FY2024

Optimax reported RM127.7 million revenue (+12.1% YoY), driven by new clinic growth. A 0.5 sen interim dividend was proposed, bringing the total payout to 54.2%. The Group also expanded regionally with a new Cambodia centre, strengthening its growth strategy.

MR D.I.Y. pays full year dividend of RM473 million, up 56.5% y-o-y

MR D.I.Y. raised its 4QFY2024 dividend payout to 115.7%, totaling RM472.9 million for the year (83.1% of PAT). Revenue rose 6.7% YoY to RM4.7 billion, with PAT at RM568.9 million. CEO Adrian Ong emphasized cost discipline, retail expansion, and value-driven strategies to sustain growth.

4Q2024: VELESTO REPORTS STRONGEST RESULTS SINCE 2015

Kuala Lumpur, 27 February 2025 – Velesto achieved a record-high PAT of RM207.7 million, more than doubling FY2023, with revenue up 12% YoY to RM1.36 billion, driven by higher charter rates and rig utilization.

With a RM709 million order book extending to 2026, Velesto remains optimistic for 2025, focusing on long-term growth. A 1 sen dividend per share was declared, reinforcing its commitment to shareholders.