E&O POSTS REMARKABLE 60.9% REVENUE GROWTH FOR 1HFYE2025
Eastern & Oriental Berhad (“E&O”) reported strong Q2FYE2025 results, with revenue rising 38% to RM171.0 million, driven by The Lume and ongoing developments. PAT increased 7% to RM33.6 million, while six-month revenue surged 60.9% to RM336.7 million, led by its properties segment.
Managing Director Kok Tuck Cheong highlighted robust demand for The Lume and announced plans to launch a waterfront serviced apartment on Andaman Island, aligning with the island’s RM60 billion masterplan. A special dividend of 1.0 sen per share has been proposed.
PHARMANIAGA MAINTAINS MOMENTUM IN STRONG RECOVERY
Pharmaniaga Berhad posted a remarkable recovery in Q3 FY2024, with PAT reaching RM101.3 million versus a RM49.0 million loss in Q3 FY2023. Nine-month revenue rose 8.4% to RM2.8 billion, driven by higher concession sales and market expansion.
Key milestones include launching Malaysia’s first insulin and vaccine manufacturing facility and securing NPRA approval for its insulin product. These achievements, alongside strategic funding and cost optimisation, reinforce Pharmaniaga’s growth trajectory and commitment to advancing healthcare
TALIWORKS ANNOUNCES Q3FYE2024 RESULTS
Taliworks Corporation Berhad (“Taliworks”) posted Q3FYE2024 revenue of RM158.0 million, supported by growth across all segments and government compensation. Profit after tax reached RM47.6 million.
For 9MFYE2024, revenue rose to RM350.3 million, driven by infrastructure projects, with PAT at RM84.5 million. A third interim dividend of 2.0 sen per share offers a 5.3% yield.
Executive Director Kevin Chin reaffirmed Taliworks’ commitment to Malaysia’s infrastructure development and the Water Sector Transformation 2040 agenda
ITMAX RECORDS 37.7% PAT GROWTH FOR Q3FYE2024
ITMAX System Berhad (“ITMAX”) reported strong Q3FYE2024 results, with revenue up 48.5% to RM58.0 million, driven by a 103.3% boost in its supply, installation, and maintenance services segment. Profit after tax rose 37.7% to RM22.4 million.
For the cumulative nine months, revenue reached RM157.1 million, a 46.7% increase, with its key segment contributing 52.3%. ITMAX declared a 1.4 sen interim dividend, payable on 24 December 2024.
CEO William Tan highlighted growing smart city demands and the company’s dedication to enhancing urban solutions for better community living.
UNIQUE FIRE’S ACCELERATING GROWTH MOMENTUM RESULTS IN RECORD HIGH QUARTERLY EARNINGS
Unique Fire Holdings Berhad (“Unique Fire”) reported Q2FYE2025 revenue of RM29.1 million, a 4.4% increase year-on-year, with PAT rising 39.4% to RM3.4 million, driven by strong demand and cost efficiencies.
For 1HFYE2025, revenue grew 10.4% to RM55.1 million, while PAT surged 50.8% to RM5.5 million, supported by robust performance in the assembly segment and regional expansion efforts. Unique Fire also declared a 0.6 sen per share interim dividend, reflecting a 5.0% yield.
Managing Director Liew Sen Hoi highlighted the Group’s strategic initiatives, including a joint venture for fire sprinklers and regional market expansion, positioning Unique Fire for sustainable growth.
P.A. RESOURCES KICKSTARTS FYE2025 WITH A GROWTH IN REVENUE BY 23.4%
P.A. Resources Berhad reported Q1 FYE2025 revenue of RM159.7 million, an 8.8% increase quarter-on-quarter and 23.4% year-on-year growth. However, profit after tax (PAT) decreased to RM4.6 million, due to an unrealised translation loss. Despite this, the company remains optimistic, leveraging strategic measures to mitigate currency risks. The global aluminium extrusion market is set to double by 2034, positioning P.A. Resources for further growth through plant expansion and enhanced U.S. export competitiveness.
SKYWORLD DEVELOPMENT‘S Q2FYE2025 PATAMI SOARS 45.4%
SkyWorld Development Berhad (“SkyWorld Development”) reported a strong Q2FYE2025, with a 45.4% increase in PATAMI to RM14.5 million and a 25.8% rise in revenue to RM124.3 million. This growth is driven by higher revenue recognition from ongoing projects such as Edgewood and SkyVogue Residences. The company maintains a solid financial position with RM437.3 million in cash reserves and a net gearing ratio of 0.03 times. SkyWorld is on track to launch developments with a cumulative GDV of RM4.6 billion by 2026, with projects worth over RM3.5 billion planned for the next two years. The Board has proposed a first interim dividend of 0.5 sen per share, payable on 30 December 2024.
PLYTEC ACHIEVES 32.6% PATAMI GROWTH FOR 9MFYE2024
PLYTEC Holding Berhad (“PLYTEC”) reported strong Q3FYE2024 results with a 19.5% revenue increase to RM54.5 million and PATAMI rising 15.9% to RM5.1 million, driven by robust demand across its segments. CME contributed 49.5% of revenue, boosted by modular shoring systems sales.
The Group also expanded into Indonesia and launched PLYTEC Polymer Sdn. Bhd. to support sustainable construction solutions.
FAJARBARU DELIVERS IMPRESSIVE 142.5% SURGE IN PROFIT AFTER TAX
Fajarbaru Builder Group Bhd (“Fajarbaru”) reported an 87% revenue growth to RM136.4 million for Q1FYE2025, with profit before tax surging 237.7% to RM11.5 million. The strong performance was driven by its property development and construction segments.
With a robust RM1.1 billion order book and ongoing projects like the Medi-City Bandar Cassia Masterplan, Fajarbaru is well-positioned for continued growth. A 1.0 sen interim dividend has been declared, amounting to RM7.4 million.
TOMEI’S PROFIT AFTER TAX UP 20% FOR 9MFY2024
Tomei Consolidated Berhad (“Tomei”) reported a 21.2% rise in nine-month revenue to RM805.3 million, driven by strong retail segment growth. Profit after tax rose 19.9% to RM49.5 million. Q3FY2024 revenue grew 5.9% to RM215.6 million, with PBT impacted by hedging losses and one-off expenses. Tomei expects festive season demand to boost sales and has declared a 1.5 sen interim dividend payable on 23 December 2024.
