Sapura Energy’s Core Profit Surges Amid Reduced Downside Risk, Upgraded to BUY

For the first half of FY25, Sapura Energy reported a core profit that exceeded market expectations. This positive performance came despite ongoing execution risks. The company’s strong financial results were driven by improved operational efficiency and cost management, signaling a recovery phase following previous challenges.

https://www.minichart.com.sg/2024/09/26/sapura-energys-core-profit-surges-amid-reduced-downside-risk-upgraded-to-buy/

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FY24 Financial Performance
For 4QFY24, Gamuda reported impressive earnings growth, although it slightly missed market expectations. The company remains on track to deliver even better growth in FY25, thanks to strong order book visibility. Despite the slight underperformance, the company’s fundamentals and future prospects remain strong, driven by ongoing projects and an expanding pipeline.

Strong Order Book
Gamuda has a solid order book that provides strong visibility into its future growth. The company’s order book is expected to support earnings growth in FY25 and beyond. As of the report date, Gamuda has secured projects that are expected to contribute to sustained revenue generation and profitability. This positions the company to capitalize on ongoing and upcoming infrastructure developments in Malaysia and the region.

https://www.minichart.com.sg/2024/09/26/gamudas-strong-orderbook-fuels-optimistic-growth-outlook-for-fy25/

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Scientex: Strong Property Sales Drive Record Earnings Amid Packaging Resilience.

https://www.minichart.com.sg/2024/09/24/scientex-strong-property-sales-drive-record-earnings-amid-packaging-resilience/

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VS Industry reported strong results for FY24, with core net profit surpassing expectations, exceeding both UOB Kay Hian’s and consensus forecasts by 20% and 21%, respectively.

https://www.minichart.com.sg/2024/09/24/vs-industry-strong-fy24-performance-with-trade-diversion-opportunities-driving-growth/


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Genetec Technology Bhd: Pioneering Malaysia’s Battery Energy Storage Solutions for a Greener Future
https://www.minichart.com.sg/2024/09/24/genetec-technology-bhd-pioneering-malaysias-battery-energy-storage-solutions-for-a-greener-future/

Heineken Malaysia: Agile Leadership Amidst Market Shifts and ESG Advancements
https://www.minichart.com.sg/2024/09/24/heineken-malaysia-agile-leadership-amidst-market-shifts-and-esg-advancements/

For FY24-26, Suncon’s revenue is expected to grow, fueled by strong demand for DC construction. The company’s EBITDA for FY24F is projected at RM304 million, increasing to RM498 million in FY25F. Net profit for FY25F is expected to reach RM322.6 million, a significant increase from RM190.9 million in FY24F.

https://www.minichart.com.sg/2024/09/24/sunway-construction-group-bhd-powering-growth-through-data-centers-and-diversification/

IJM Corporation Breaks Out of Falling Wedge, Signaling Bullish Momentum: https://www.minichart.com.sg/2024/09/23/ijm-corporation-breaks-out-of-falling-wedge-signaling-bullish-momentum/

Karex Berhad: https://www.minichart.com.sg/2024/09/23/karex-poised-for-breakout-as-bullish-momentum-builds/