Latest news with #AnekaJaringan
New Straits Times
15-05-2025
- Business
- New Straits Times
Aneka Jaringan wins RM50.54mil contract
KUALA LUMPUR: Aneka Jaringan Holdings Bhd has bagged a RM50.54 million contract to undertake earthworks, piling and sub-structure works for a proposed mixed development project. The company said its subsidiary Aneka Jaringan Sdn Bhd has received and accepted a letter of award (LoA) from Clement Chan Architects on behalf of Kuala Lumpur Metro Property Sdn Bhd to undertake the project. The scope of work encompasses extensive foundational and structural works for a 62 storey serviced apartment and hotel tower situated atop a 10 storey podium. The building will house various commercial and hospitality facilities including restaurants, retail spaces, car park levels and mechanical and electrical (M&E) services. "This project marks a significant milestone for Aneka Jaringan as it expands its portfolio of high-rise urban developments in key commercial districts," it said. Aneka Jaringan managing director Pang Tse Fui said the contract underscores its proven track record in handling complex, high-density urban developments. "With a solid order book and our continuous focus on execution excellence, we are confident this project will further elevate our position in Malaysia's construction landscape," said Pang. The construction is scheduled to commence on June 2, 2025 and is expected to be completed by December 1, 2026. The contract brought Aneka Jaringan's total project wins year-to-date to RM150.06 million as at May 15.
New Straits Times
22-04-2025
- Business
- New Straits Times
Aneka Jaringan Q2 earnings surge sixfold to RM749,000
KUALA LUMPUR: Aneka Jaringan Holdings Bhd posted a net profit of RM749,000 for the second quarter of 2025 (2Q25), up from RM121,000 in the same period last year. Revenue rose 23.5 per cent to RM66.96 million from RM54.22 million a year ago, supported by stronger contributions from ongoing projects and improved execution efficiency in both Malaysia and Indonesia. Aneka Jaringan said it will closely monitor the ongoing uncertainty in the global trade environment and take appropriate steps to minimise its impact. "The group maintains its cautiously optimistic outlook for its financial performance in the financial year ending Aug 31, 2025," it said. Its managing director Pang Tse Fui said the profitability reflects the resilience of their operations and the successful delivery of key projects in both Malaysia and Indonesia. "With RM146.43 million in revenue achieved in just the first half of the financial year, we are well on track to deliver a better performance compared to the previous year. "Backed by a healthy order book and disciplined cost management, we remain focused on executing our projects efficiently while continuing to pursue strategic contract wins to drive sustainable long-term growth," he said in a statement. As of Feb 28, 2025, Aneka Jaringan's order book stood at RM198.97 million, bolstered by RM99.03 million in new projects secured year-to-date. Its share price closed 3.85 per cent higher at 13.5 sen, giving the company a market capitalisation of RM90 million.
The Star
22-04-2025
- Business
- The Star
Aneka Jaringan on track for stronger FY25
Aneka Jaringan Holdings Bhd managing director Pang Tse Fui KUALA LUMPUR: Aneka Jaringan Holdings Bhd is well on track to deliver a stronger performance this financial year, having already recorded RM146.43mil in revenue for the first half, surpassing the pace set in the previous year. 'Backed by a healthy order book and disciplined cost management, we remain focused on executing our projects efficiently while continuing to pursue strategic contract wins to drive sustainable long-term growth,' managing director Pang Tse Fui said in a statement. The basement and foundation construction specialist's order book stood at RM198.97mil as at Feb 28, backed by RM99.03mil in new projects secured year-to-date — signalling a healthy pipeline that is set to support earnings visibility through financial year ending Aug 31, 2025 (FY25) and beyond. In the second quarter ended Feb 28 (2Q25), Aneka Jaringan's net profit surged to RM749,000, or earnings per share of 0.11 sen, bringing its first-half net profit to RM2.9mil, or 0.43 sen. Revenue rose 23.5% to RM66.9mil in 2Q25, lifting total revenue for the first six months to RM146.4mil. 'We are pleased to have delivered another quarter of profitability, supported by solid revenue growth and improving margins. This reflects the resilience of our operations and the successful execution of our core projects both in Malaysia and Indonesia,' Pang said. Looking ahead, Aneka Jaringan remains cautiously optimistic about the construction industry. Despite challenges like global supply chain issues and rising costs, the group is staying focused on efficient operations, using technology to boost productivity, and bidding for key infrastructure and urban projects. 'With a clear growth strategy and solid financial fundamentals, Aneka Jaringan is confident in maintaining its positive performance trajectory for the remainder of the financial year.'
Yahoo
12-03-2025
- Business
- Yahoo
Aneka Jaringan Holdings Berhad (KLSE:ANEKA) Is Finding It Tricky To Allocate Its Capital
Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase? More often than not, we'll see a declining return on capital employed (ROCE) and a declining amount of capital employed. This indicates to us that the business is not only shrinking the size of its net assets, but its returns are falling as well. Having said that, after a brief look, Aneka Jaringan Holdings Berhad (KLSE:ANEKA) we aren't filled with optimism, but let's investigate further. For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. Analysts use this formula to calculate it for Aneka Jaringan Holdings Berhad: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.036 = RM4.2m ÷ (RM259m - RM142m) (Based on the trailing twelve months to November 2024). Thus, Aneka Jaringan Holdings Berhad has an ROCE of 3.6%. Ultimately, that's a low return and it under-performs the Construction industry average of 8.9%. See our latest analysis for Aneka Jaringan Holdings Berhad Historical performance is a great place to start when researching a stock so above you can see the gauge for Aneka Jaringan Holdings Berhad's ROCE against it's prior returns. If you're interested in investigating Aneka Jaringan Holdings Berhad's past further, check out this free graph covering Aneka Jaringan Holdings Berhad's past earnings, revenue and cash flow. There is reason to be cautious about Aneka Jaringan Holdings Berhad, given the returns are trending downwards. To be more specific, the ROCE was 24% five years ago, but since then it has dropped noticeably. On top of that, it's worth noting that the amount of capital employed within the business has remained relatively steady. Companies that exhibit these attributes tend to not be shrinking, but they can be mature and facing pressure on their margins from competition. If these trends continue, we wouldn't expect Aneka Jaringan Holdings Berhad to turn into a multi-bagger. On a separate but related note, it's important to know that Aneka Jaringan Holdings Berhad has a current liabilities to total assets ratio of 55%, which we'd consider pretty high. This effectively means that suppliers (or short-term creditors) are funding a large portion of the business, so just be aware that this can introduce some elements of risk. Ideally we'd like to see this reduce as that would mean fewer obligations bearing risks. In the end, the trend of lower returns on the same amount of capital isn't typically an indication that we're looking at a growth stock. It should come as no surprise then that the stock has fallen 21% over the last three years, so it looks like investors are recognizing these changes. That being the case, unless the underlying trends revert to a more positive trajectory, we'd consider looking elsewhere. If you want to continue researching Aneka Jaringan Holdings Berhad, you might be interested to know about the 3 warning signs that our analysis has discovered. While Aneka Jaringan Holdings Berhad may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
