OCK REPORTS SECOND QUARTER RESULTS FOR 2024

OCK Group Berhad announced Q2 2024 results with RM158.4m revenue and RM7.6m PATAMI. While turnkey contracts saw a slight dip, recurring income from tower leasing and managed services remained strong. For the first half of 2024, OCK recorded RM324.4m revenue and declared an interim dividend of 0.5 sen per share, representing 30% of PATAMI. The Group maintains a healthy balance sheet with a 0.65x gearing ratio.

UEM EDGENTA DELIVERS RESILIENT PERFORMANCE IN 1H 2024, ACHIEVES STRATEGIC MILESTONES

UEM Edgenta Berhad recorded a 6.4% increase in revenue for 1H FY2024, reaching RM1.44 billion. Net profit for Q2 FY2024 grew by 2.1% to RM12.8 million. The company secured RM2.0 billion in new contracts, with over 90% from international markets. UEM Edgenta’s strong order book of RM10 billion ensures long-term earnings visibility.

OPTIMAX POSTS RECORD QUARTERLY REVENUE

Optimax Holdings Berhad (Optimax) announced its highest-ever quarterly revenue of RM32.0 million in Q2FYE2024, a 14.7% increase from Q2FYE2023. PBT rose 7.3% to RM5.9 million, while PAT reached RM4.2 million. For 1HFYE2024, Optimax reported revenue of RM60.3 million, marking an 11.7% growth.

CREST BUILDER MAINTAINS TURNAROUND WITH PAT OF RM0.7 MILLION

Crest Builder Holdings Berhad (CBHB) reported a positive Q2FY2024, with a PAT of RM0.7 million, a significant turnaround from last year’s loss of RM7.8 million. Revenue rose by 2.2% to RM125.3 million, supported by progress in construction projects. For 1HFY2024, CBHB saw a 7.5% increase in revenue to RM233.3 million and a PAT of RM1.4 million.

TT VISION POSTS 135.4% GROWTH IN PROFIT AFTER TAX

TT Vision Holdings Berhad (TTVHB) achieved a 77.3% revenue increase to RM20.3 million in Q2 2024, with PBT up 96.0% and PAT rising 135.4%, due to the strong sales of solar cell inspection equipment. In the first half of 2024, revenue grew 11.2%, with PAT up 3.6%.

P.A. RESOURCES POSTS RECORD FULL YEAR REVENUE & PAT OF RM564.6 MILLION AND RM45.7 MILLION

P.A. Resources Berhad (P.A.) delivered strong growth in FYE2024, with revenue up 22.4% to RM564.6 million. Profit Before Tax rose 36.7%, and Profit After Tax increased 45.8%. Over the last 4 years, P.A. achieved a CAGR of 29.3% in revenue and 49.7% in PAT. For Q4FYE2024, revenue jumped 40.4% to RM146.8 million, with a 296.9% surge in PAT!

FARM FRESH RECORDS FOUR-FOLD SURGE IN PATAMI HIGHLIGHTING A STRONG START TO FY2025

Farm Fresh Berhad hit record highs in Q1FY2025! Revenue jumped 30.3% to RM241.7 million, with PBT soaring 383.0%. PAT and PATAMI also saw significant growth, up 372.6% and 308.0%, respectively. Compared to the last quarter, revenue grew 12.4%, with solid increases in PBT, PAT, and PATAMI.

T7 GLOBAL’S Q2FYE2024 PATAMI INCREASES BY 65.6%

T7 Global Berhad reported strong Q2FYE2024 results, with revenue up 44.2% to RM150.0 million, PBT surging 102.3%, and PATAMI increasing 65.6%. For 1HFYE2024, revenue reached RM282.6 million, with solid growth in the energy and industrial segments.

ITMAX REPORTS 22.8% PATAMI GROWTH FOR 1HFYE2024 

ITMAX System Berhad (ITMAX) reported strong Q2FYE2024 results with a 59.7% revenue increase to RM53.2 million. PBT rose 36.2% to RM25.6 million, and PATAMI grew 27.2% to RM19.2 million.

KERJAYA PROSPEK ACHIEVES 28% SURGE IN REVENUE

Kerjaya Prospek Group Berhad (“Kerjaya”) reported a 17.5% year-on-year increase in Q2 PATAMI to RM37.1 million, with revenue up 27.8% to RM395.4 million, driven by strong construction activities. For 1H2024, PATAMI rose 15.8% to RM70.6 million, and revenue increased 20.8% to RM732.6 million. The Group maintained a net cash position of RM231.4 million.