KAWAN RENERGY ACHIEVES ALL-TIME HIGH EARNINGS IN FYE2024

Kawan Renergy Berhad (“Kenergy” or the “Group”) reported a 23.1% quarter-on-quarter revenue growth to RM39.2 million in Q4FYE2024, driven by robust performance in its process plant and industrial process equipment segments. Full-year revenue rose 15.0% to RM113.1 million, while PAT surged 44.5% to a record RM19.2 million.

With an order book of RM141.7 million as of 31 October 2024, Managing Director Ir. Lim Thou Lai highlighted the Group’s strategic investments and strong execution capabilities, positioning it to leverage growth in Malaysia’s industrial process equipment sector.

BINASTRA ANNOUNCES RECORD-HIGH PERFORMANCE FOR 9MFYE2025

Binastra Corporation Berhad (“Binastra” or the “Group”) reported record-breaking financial results for Q3FYE2025, with revenue up 120.0% to RM265.9 million and PATAMI surging 115.4% to RM24.2 million.

For 9MFYE2025, revenue grew 150.7% to RM676.4 million, driven by nine new projects and increased construction activities, while PATAMI rose 156.6% to RM65.2 million.

YINSON RECORDS 27% YoY GROWTH IN EBITDA FOR 9M FY2025

Yinson Holdings Berhad (“Yinson”) reported a 27% YoY increase in 9M FY2025 EBITDA to RM2.5 billion. Key milestones include achieving first oil for FPSO Maria Quitéria ahead of schedule, securing USD59 million green financing for the Matarani Solar Project, and launching the Hydroglyder, Singapore’s first fully electric hydrofoil vessel.

Yinson continues to deliver sustainable growth through operational excellence, innovative financing, and top-tier ESG recognition by S&P Global CSA and Sustainalytics.

LBS’ Q3FYE2024 EARNINGS SURGED DRIVEN BY GAIN FROM DISPOSAL, DECLARES SPECIAL DIVIDEND TO REWARD

LBS Bina Group Berhad (“LBS”) reported a Q3 2024 PATMI of RM164.5 million, driven by a one-off RM136.9 million gain from the disposal of Zhuhai International Circuit Ltd (ZICL). This move bolstered financial strength, complemented by a special 2.6 sen dividend.

The Group unveiled its RM9.5 billion Rimbawan Township in Genting Highlands and advanced ESG initiatives, including a solar farm and green hydrogen facility in Sabah.

GEORGE KENT REPORTS RESILIENT PERFORMANCE FOR Q2FY2025

George Kent (Malaysia) Berhad reported Q2FY2025 revenue of RM29.83 million and a six-month cumulative revenue of RM60.10 million, despite an unrealised forex loss of RM22.72 million.

The Metering Division achieved RM28.03 million in revenue and RM4.50 million in operating profit, driven by strong domestic demand. The Engineering Division is actively pursuing projects in rail, hospital, and water infrastructure.

A 0.75 sen interim dividend was declared, while the Group earned its third Gold Award at The Edge ESG Awards 2024 for sustainability. The Group remains focused on renewable energy and technology-driven growth.

ICON ANNOUNCES MAJOR SURGE IN PAT BY OVER 158% FOR Q3 2024

Icon Offshore Berhad (“ICON”), a leading offshore support vessel provider, delivered a strong performance in Q3 2024, reporting a 167.8% increase in profit before tax (PBT) to RM23.4 million and a 158.2% rise in profit after tax (PAT) to RM18.3 million. Revenue climbed 20.7% year-on-year to RM70.6 million, driven by higher daily charter rates under long-term contracts.

FARM FRESH ACHIEVES 185.9% LEAP IN PROFIT AFTER TAX

Farm Fresh Berhad reported a 25.6% year-on-year revenue growth to RM249.2 million, its highest ever, and a 106% increase in PAT to RM27.0 million for Q2 FY2025.

Strong demand in the HORECA sector, new product launches, and improved margins drove growth, alongside a turnaround in its Australia operations. The Group also advanced sustainability efforts and expanded its Milk on Tap program.

OPTIMAX YET AGAIN DELIVERS RECORD QUARTERLY REVENUE 

Optimax Holdings Berhad (“Optimax”) reported a 16.0% increase in Q3FY2024 revenue to RM33.1 million, driven by new satellite clinics. Despite higher operating costs, profit before tax (PBT) and profit after tax (PAT) rose by 0.2% and 7.0%, respectively. For the 9 months, revenue grew by 13.1%, with PBT and PAT also increasing. CEO Sandy Tan highlighted the success of their clinic expansion strategy and remains optimistic about future growth. An interim dividend of 0.8 sen per share has been declared, payable on 30 December 2024.

SENI JAYA REPORTS STRONG TURNAROUND IN Q1FYE2025

Seni Jaya Corporation Berhad reported a strong Q1FYE2025 performance, with revenue surging 64.5% year-on-year to RM17.6 million and PATAMI rising 237.5% to RM2.7 million. The turnaround was fueled by robust demand for digital billboards, contributing RM4.8 million in revenue.

T7 GLOBAL POSTS 42.1% GROWTH IN PATAMI FOR 9MFYE2024

T7 Global Berhad (“T7 Global”) delivered a strong Q3FYE2024, reporting revenue of RM176.4 million and PATAMI of RM11.4 million, marking Y-o-Y growth of 28.4% and 42.1% respectively. For the cumulative 9 months, revenue reached RM458.9 million (+36.8%), with PATAMI at RM26.6 million (+42.1%), driven by a 108.4% surge in the Industrial Solutions division.