KUALA LUMPUR: Sarawak Consolidated Industries Bhd (SCIB) remains optimistic about its prospects, driven by strategic recalibrations, a renewed focus on governance, and a proactive approach to seizing growth opportunities.

The industrialised building systems specialist said it is committed to navigating the current economic landscape with agility, aiming to drive sustainable growth and deliver long-term value to stakeholders.

SCIB posted a net profit of RM846,000 in the second quarter ended Dec 31 compared with a net loss of RM2.82mil in the same quarter last year.

Revenue, however, rose 5.8% to RM38.1mil against RM36mil a year prior. Its earnings per share stood at 0.13 sen versus a loss per share of 0.48 sen last year.

In the first half, SCIB posted a net profit of RM1.77mil on revenue of RM77.5mil.

SCIB also appointed Yak Boon Tiong as an independent non-executive director, effective immediately. Yak will contribute to the audit committee and risk management committee.

Managing director Ku Chong Hong said Yak’s wealth of experience in finance and governance is poised to enrich the group’s strategic endeavors further.
“Our recent milestones, including leadership transitions and strategic land acquisitions, are pivotal to our long-term objectives. With Yak’s addition, we’re even more equipped to exceed stakeholder expectations and navigate the complexities of the current economic landscape with robust governance and operational excellence.”

# GREAT 😎💪🤞⬆️✅

masih dreaming up kah🤣🤣🤣⬇️⬇️⬇️🩸🩸🩸down further oooo…

sudah cakap maaa…turun maa⬇️⬇️⬇️🩸🩸🩸🤣🤣🤣

Renueco & Minetech so sorry ya…waiting another 6 months whether got profit or not nobody knows 🤣🤣🤣 that’s the substance 🤣🤣🤣🩸🩸🩸⬇️⬇️⬇️

Naysayers of negative attitudes lorrr…no money to buy can only shouting in this forum 🤣🤣🤣 SCIB qr ✅✅✅⬆️🚀💥

SCIB optimistic of its prospects 😎💪⬆️✅

https://www.thestar.com.my/business/business-news/2024/02/29/scib-optimistic-of-its-prospects

undervalued price so act fast to buy in guys…later flying away 🚀🚀🚀⬆️✅😎

SCIB price right now supposedly at least at 0.90 -1.20 or more ⬆️✅

⬆️⬆️⬆️✅✅✅💥💥💥🚀🚀🚀💰💰💰😎💪🤞

Excellent work by the new management team lead by MR KU CHONG HONG….got so many ONG!ONG!ONG! ⬆️✅🤣🤣🤣💪🤞😎

Time for SCIB to fly to the moon 🌝⬆️✅ rocket 🚀🚀🚀

Minetec also red 🩸⬇️ so both stocks for at least 6 months are going down guys 🤣🤣🤣🩸🩸

Yes indeed the shares price supposedly at 0.60 above ⬆️✅ its on the way up now 😎🤞💰💥

Qr red 🩸lose…buy SCIB la guys 😎🤞

Consecutively 2 qr ✅✅ results profitable 💰💰price is on its way to spike above ⬆️ 0.60 soon 🔜😂🤞💥

Already showing 2 QR green ✅✅ profitable 💰💰from the new management so definitely the coming qr will be more explosive 💥💥💥 with in hand secured hundreds millions project excluding the billions new coming projects in near future 😎🤞💰💰💰💥💥💥⬆️✅

In Sarawak big property,construction companies only a few and SCIB is the historical best and sustainable company with the full support of the state government to deliver the development project 😎🤞💰💥✅

Recently big land 20 ++ acres acquired by SCIB also suitable for building a data centre proposed by Sarawak Government and Singapore 🇸🇬 😎🤞💰💥

Billions projects will be secured by SCIB soon 🔜⬆️✅😎🤞💥💰💰💰

SCIB Enters Into RM250 Million MOU To Deliver Project SEA-H2X With IRIX - July 2023

With the above experience we believe the coming Sarawak - Singapore 🇸🇬 energy project and data centre will benefit SCIB..⬆️✅✅✅💥💥💥💰💰💰😎🤞

SCIB will surge higher to the moon 🌝⬆️✅💥💥💥💰💰💰😎🤞

The length of the cable approximately 700 kilometres estimated cost of billions 😎⬆️✅ 💰 lai liawww💥💥💥

SCIB probably will get under sea cable project to supply energy to Singapore 🇸🇬

Excellent QR ⬆️✅😎🤞💥💥💥

Lai3…come3…it’s time for SCIB to fly to the original high price 1.20 above ⬆️✅💥

Turun bawah dulu ⬇️0.10 maa🤣🤣🤣 tiada untung qr ma🩸🩸🩸

Esok show time ⬆️✅💥LU😎🤞

CNY sudah berlalu,
Hari Raya bakal tiba,
Minetec 0.24 sudah berlalu,
Harga jatuh 0.10 bakal tiba…🤣🤣🤣⬇️🩸

Hahaha Hahaha 🤣 so many no more fund to buy today so missed the cheap price and tomorrow LU ⬆️✅💥😎🤞

Ikan emas berenang-renang,
Monyet gembira dapat pisang,
Main saham hati nak menang,
Tapi qr report merah 🩸🩸berlenang..🤣🤣🤣⬇️

QR lost: 792,000 ⬇️🩸-143%
So shares will retrace ⬇️ + Esos selling ⬇️⬇️⬇️

Catching up with Ibraco 0.90 ⬆️✅😎🤞

So foolish mentality only want to accept good news but reject bad news…🤣🤣🤣 what’s kind of people in this forum…BODO BETUL!!! 🤣🤣🤣🩸🩸🩸☠️

Every day wants to hear up up up ⬆️⬆️⬆️ so childish where got shares everyday up with negative news around…🤣🤣🤣

Telling the truth nobody wants to listen but lovers of listening to those who tell lies …so pity 🤣🤣🤣

In year 2020 this stock worth 4.00 -6.00 ⬆️💥✅😎🤞…TP: above 1.50 end of 2024 💪💪🤣

Profitable company SCIB 💪💪💪 next coming qr with hundreds millions of projects under construction will contribute to millions net profits 🤣🤣🤣⬆️✅💪💥

Tomorrow back to above 0.50 ⬆️✅😎🤞

Tomorrow LU ⬆️✅💥😎🤞

YoY- 130.0%✅ Revenue: 38 millions

Net profit : 857,000 ⬆️✅😎🤞💥

No need to sniff just throw yourself into croc 🐊 ponds 🤣🤣🤣🩸🩸🩸☠️

TP : 0.80 ⬆️✅💥💥💥

LU ⬆️✅✅✅ tomorrow good QR 😎🤞💥💥💥

Esos hundred millions to be exposed will drag the price down to below 0.10-0.05 ⬇️🩸

I’m repeating mentioned the shares price up from 0.035 to 0.15 with no news only goreng ok..so it will retrace to where it was before ⬇️🩸

The funniest people of this group are only wanting or listening to good news and rejecting negative news even though the news is true or real 🤣🤣🤣⬇️🩸

Apple 🍎…🤣🤣🤣 di makan pipit

The price will go down first guys⬇️🩸buy low sell high maaa😎🤞

🤣🤣🤣⬇️⬇️⬇️🩸🩸🩸