Tag: Posts

Acrometa Posts Record Revenue of S$69.5 Million for FY2023, Continues to Pursue New Opportunities in Co-Working Lab Space Business

ACROMETA Group Limited (“ACROMETA”, or the “Company” and together with its subsidiaries, the “Group”), an established specialist engineering service provider in the field of controlled environments serving mainly the healthcare, biotechnology, pharmaceutical, research and academia sectors, today announced its financial results for the 12 months ended 30 September 2023 (“FY2023”). The Group’s revenue for FY2023 saw a 12% increase to S$69.5 million, a historical high for the Group, primarily attributed to the Engineering, Procurement and Construction (“EPC”) segment’s strong performance. Gross profit increased by 19% from S$9.8 million for FY2022 to S$11.7 million for FY2023, while gross profit margins improved ... Read more

Minetech Posts 46% Growth in Revenue for 4Q

Minetech Resources Berhad, a civil engineering specialist and bituminous products manufacturer, today announced that the Company reported a 46.1% increase in revenue to RM36.9 million for the fourth quarter ended 31 March 2023 (4Q FY2023) compared with revenue of RM25.2 million in 4Q FY2022. Matt Chin, Executive Director of Minetech The Company registered a loss before tax (LBT) of RM7.2 million for 4Q FY2023 compared with LBT of RM12.1 million in 4Q FY2022. For FY2023, the Company recorded a 45.4% growth in revenue to RM124.2 million compared with RM85.4 million in FY2022 while LBT for the period under review has ... Read more

SCIB Posts Revenue of RM32.4 Million for 3Q

Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Group recorded a revenue of RM32.4 million for the third quarter ended 31 March 2023 (3Q FY2023) compared with a revenue of RM37.5 million for the corresponding quarter of the previous financial year. En. Rosland Bin Othman, Group Managing Director of Sarawak Consolidated Industries Berhad For the quarter under review, the Company registered a profit before tax (PBT) of RM0.2 million compared with a loss before tax (LBT) of RM2.0 million in the corresponding quarter 3Q FY2022. For the nine-month period ended 31 March 2023 (9M FY2023), SCIB ... Read more

Minetech Posts 58% Gain in 3Q Revenue to RM36 Million

Minetech Resources Berhad, a civil engineering specialist and bituminous products manufacturer, today announced that the Company registered a 58.6% gain in revenue to RM36.3 million for the third quarter ended 31 December 2022 (3Q FY2023) compared with revenue of RM22.9 million in 3Q FY2022. Matt Chin, Executive Director of Minetech For the quarter under review, the Company recorded profit before tax (PBT) of RM0.2 million compared with loss before tax (LBT) of RM3.1 million while EBITDA has recorded its highest improvement of 166% compared to 3Q FY2022. By segment, the civil engineering division registered a 41% rise in revenue to ... Read more

Binasat Posts 55.0% Increase in FY2022 Revenue to RM83.51 Million

Binasat Communications Berhad, an all-round solution provider of network engineering and services, today reported revenue of RM83.51 million for the full-year ended 30 June 2022 (FY2022), a 55.08% increase compared with RM53.85 million for the corresponding period of the last financial year (FY2021) mainly attributable to higher revenue from civil mechanical and engineering works, recurring teleport services and revenue from transmission and distribution network facility services and engineering, procurement, construction and commissioning (EPCC) of solar farm facilities. Binasat Communications’ office in Technology Park Malaysia, Bukit Jalil, Kuala Lumpur For the period under review, Binasat recorded a 50.74% gain in GP ... Read more