Westports Holdings Berhad reported a 15.2 per cent surge in net profit for the financial year ending Dec 31, 2024 (FY24), rising to RM897.9 million from RM779.4 million.
Revenue for the year also saw an 8.9 per cent growth, climbing from RM2.15 billion to RM2.34 billion.
The company said in a statement that it will distribute a record-breaking total dividend of RM673.48 million to shareholders for FY24.
Westports achieved a new milestone in import...

Alpha IVF Group Berhad (Alpha IVF) reported yet another record financial results for the second quarter ended 30 November 2024 (Q2 FY25). Revenue rose to RM43.24 million, a 12.2% year-on-year increase, driven by higher contributions from foreign patients, where it was speculated to be additional contribution from China sales offices.
Profit before taxation (PBT) grew by 21.3% to RM20.19 million, while profit after taxation increased 2...

Meta Bright Group Berhad has been showing some interesting price action, especially as it approaches critical levels on the chart. The stock is currently holding at a crucial support level of RM0.120. This level has proven to be a significant zone of buying interest in the past, as evidenced by the repeated testing and subsequent rebounds.
On the upside, the nearest resistance stands at RM0.130. This level aligns with previous consolidation zo...

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Tanco  Holdings Berhad (2429) had delivered a staggering 232.2% YTD return to  investors, a significant outperformance as compared to the benchmark  FBMKLCI. Tanco Holdings had successfully breached our key resistance  levels of RM1.80 and RM1.95 respectively, and is now trending to the  critical resistance level of RM2.00. We still see strong buying interest  over the company, and we revised our latest target price to RM2.20  based on ...

KIM Loong Resources Bhd posted a record quarterly net profit of RM49.96 million for the third quarter ended October 30, 2024 (3Q25), driven by higher average selling prices in its plantation and palm oil milling divisions.
This marks a 4.1% year-on-year increase from RM47.97 million in 3Q24, while revenue slightly declined to RM446.38 million from RM448.68 million.
For the nine months of FY2025, Kim Loong’s net profit rose 13.1% to RM138...

ECONFRAME BERHAD (EFRAME) closed at RM0.575 yesterday, maintaining well above its key support levels of RM0.570 (S1) and RM0.530 (S2) respectively, complimented by consistent trading volume. We identified a triple bottom pattern for the company followed by a consolidation pattern, which Bollinger Band too, sees a narrowing, together with our proprietary MACD indicator. We urge investors to build position at the current level while waiting for a confirmation...

VS Industry Bhd’s latest quarterly net profit dropped 37.53%, mainly due to lower sales orders from existing customers, unfavourable foreign exchange (forex) rates and higher labour costs as a result of an increase in headcount.
Net profit for the first quarter ended Oct 31, 2024 (1QFY2025), stood at RM30.6 million or 0.79 sen per share, compared with RM48.98 million or 1.27 sen per share in the same period a y...

As the third-quarter earnings season draws to a close, numerous publicly listed companies have released their financial results. Today, we highlight one such company that has performed exceptionally well in the third quarter: Systech Berhad (SYSTECH, 0050). First, let’s take a brief look at the company’s background.
According to its 2024 annual report, SYSTECH was listed on the Malaysian Stock Exchange’s ACE Market on June 15, 2011. The compan...