Latest news with #ESSunlogy
The Star
20 hours ago
- Business
- The Star
ES Sunlogy signs HOA for participation in special energy zone development in Sarawak
From left: Planet QEOS Sdn Bhd founder and chief operating officer Lam Poh Lian, Planet QEOS founder and chief executive officer Dr. Gabriel Walter, Planet QEOS founder and executive chairman Dino Bidari, Sarawak Premier Datuk Patinggi Tan Sri (Dr) Abang Abdul Rahman Zohari, ES Sunlogy Bhd managing director Khor Chuan Meng and ES Sunlogy CEO Sam Teo Chee Teong. PETALING JAYA: Mechanical and electrical engineering services company ES Sunlogy Bhd has entered into a heads of agreement with Planet QEOS Sdn Bhd to jointly develop a 155 MWp large-scale solar photovoltaic power plant with 310 MWhr integrated Battery Energy Storage Systems (BESS) at Long Lama, Baram, Sarawak. Planet QEOS recently received an in-principle approval from the Sarawak State Government for its integrated agrovoltaic and renewable energy proposal in Baram, which includes the development of up to 4,000 MWac of solar capacity over a 1,200-hectare site. Both companies will eventually form a joint venture to execute this project where ES Sunlogy will hold a 40% equity-equivalent participation in the consortium while Planet QEOS a 60% equity-equivalent stake. 'Sarawak has taken a visionary step by launching the Special Energy Zone in Baram. This initiative will serve as a catalyst for clean energy adoption, rural transformation, and local value creation. 'ES Sunlogy is honoured to be part of this mission, contributing not only through our renewable energy projects but by anchoring our core M&E expertise in the region,' ES Sunlogy's managing director Khor Chuan Meng said in a statement.
Malaysian Reserve
21 hours ago
- Business
- Malaysian Reserve
ES Sunlogy partners Planet QEOS for 155MWp solar hybrid plant in Sarawak
ES Sunlogy Bhd has entered into a heads of agreement with Sarawak-based deep technology company, Planet QEOS Sdn Bhd, to develop a 155 megawatt-peak (MWp) solar hybrid power plant with a 310 megawatt-hour (MWh) battery energy storage system (BESS) in Baram, Sarawak. The partnership was formalised during the Public-Industry Engagement Day and launch of the Sarawak Energy Transition Policy, witnessed by Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg. The project is part of the Special Energy Zone (SEZ) in Baram, aimed at accelerating the state's shift towards clean energy and industrial growth. It forms part of Planet QEOS's agrovoltaic and renewable energy plan, which has in-principle state approval, to install up to 4,000MW alternating current of solar capacity on a 1,200-hectare site, integrating food and agriculture infrastructure under its patented Sustainable Animal Feed Economics (SAFE) model. The Baram initiative will also include a 180km transmission corridor repurposed from the former Sabah–Sarawak Gas Pipeline to channel renewable power to downstream industrial zones in Bintulu. ES Sunlogy will contribute its mechanical and electrical engineering expertise and set up a facility in Baram to serve as a regional hub for training, systems integration, and knowledge transfer. The company said the move is expected to create high-value jobs and strengthen local engineering capabilities. The project is part of Phase 1 of the Baram DeepTech Energy Programme, which targets 500MWac of firm renewable energy into the Sarawak Energy Bhd grid by 2027, powered by 1,850MWp of solar PV and 3,677MWh of battery storage. The programme is designed to be the world's largest single-site BESS-based solar system, with a 60% capacity factor. ES Sunlogy MD Khor Chuan Meng said the SEZ in Baram would be 'a catalyst for clean energy adoption, rural transformation, and local value creation'. 'With our renewable energy projects and core M&E expertise, we are committed to working closely with the state government to support capacity building and infrastructure development in Baram,' he said. ES Sunlogy has completed over 13 projects totalling more than 300MWp of solar capacity nationwide. The company said it will also deploy solar systems to power agricultural, logistics, and rural development zones in Baram, in line with environmental, social and governance principles. — TMR
Yahoo
04-07-2025
- Business
- Yahoo
ES Sunlogy Berhad's (KLSE:SUNLOGY) Stock Is Going Strong: Is the Market Following Fundamentals?
ES Sunlogy Berhad (KLSE:SUNLOGY) has had a great run on the share market with its stock up by a significant 35% over the last three months. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. In this article, we decided to focus on ES Sunlogy Berhad's ROE. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a company in relation to its equity capital. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for ES Sunlogy Berhad is: 12% = RM13m ÷ RM107m (Based on the trailing twelve months to April 2025). The 'return' is the amount earned after tax over the last twelve months. Another way to think of that is that for every MYR1 worth of equity, the company was able to earn MYR0.12 in profit. See our latest analysis for ES Sunlogy Berhad Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. To begin with, ES Sunlogy Berhad seems to have a respectable ROE. On comparing with the average industry ROE of 8.4% the company's ROE looks pretty remarkable. Probably as a result of this, ES Sunlogy Berhad was able to see an impressive net income growth of 36% over the last five years. We believe that there might also be other aspects that are positively influencing the company's earnings growth. Such as - high earnings retention or an efficient management in place. We then compared ES Sunlogy Berhad's net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 22% in the same 5-year period. The basis for attaching value to a company is, to a great extent, tied to its earnings growth. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). Doing so will help them establish if the stock's future looks promising or ominous. If you're wondering about ES Sunlogy Berhad's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry. Given that ES Sunlogy Berhad doesn't pay any regular dividends to its shareholders, we infer that the company has been reinvesting all of its profits to grow its business. Overall, we are quite pleased with ES Sunlogy Berhad's performance. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings. If the company continues to grow its earnings the way it has, that could have a positive impact on its share price given how earnings per share influence long-term share prices. Not to forget, share price outcomes are also dependent on the potential risks a company may face. So it is important for investors to be aware of the risks involved in the business. Our risks dashboard would have the 4 risks we have identified for ES Sunlogy Berhad. — Investing narratives with Fair Values Suncorp's Next Chapter: Insurance-Only and Ready to Grow By Robbo – Community Contributor Fair Value Estimated: A$22.83 · 0.1% Overvalued Thyssenkrupp Nucera Will Achieve Double-Digit Profits by 2030 Boosted by Hydrogen Growth By Chris1 – Community Contributor Fair Value Estimated: €14.40 · 0.3% Overvalued Tesla's Nvidia Moment – The AI & Robotics Inflection Point By BlackGoat – Community Contributor Fair Value Estimated: $359.72 · 0.1% Overvalued View more featured narratives — 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-07-2025
- Business
- Yahoo
ES Sunlogy Berhad's (KLSE:SUNLOGY) Stock Is Going Strong: Is the Market Following Fundamentals?
ES Sunlogy Berhad (KLSE:SUNLOGY) has had a great run on the share market with its stock up by a significant 35% over the last three months. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. In this article, we decided to focus on ES Sunlogy Berhad's ROE. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a company in relation to its equity capital. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for ES Sunlogy Berhad is: 12% = RM13m ÷ RM107m (Based on the trailing twelve months to April 2025). The 'return' is the amount earned after tax over the last twelve months. Another way to think of that is that for every MYR1 worth of equity, the company was able to earn MYR0.12 in profit. See our latest analysis for ES Sunlogy Berhad Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. To begin with, ES Sunlogy Berhad seems to have a respectable ROE. On comparing with the average industry ROE of 8.4% the company's ROE looks pretty remarkable. Probably as a result of this, ES Sunlogy Berhad was able to see an impressive net income growth of 36% over the last five years. We believe that there might also be other aspects that are positively influencing the company's earnings growth. Such as - high earnings retention or an efficient management in place. We then compared ES Sunlogy Berhad's net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 22% in the same 5-year period. The basis for attaching value to a company is, to a great extent, tied to its earnings growth. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). Doing so will help them establish if the stock's future looks promising or ominous. If you're wondering about ES Sunlogy Berhad's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry. Given that ES Sunlogy Berhad doesn't pay any regular dividends to its shareholders, we infer that the company has been reinvesting all of its profits to grow its business. Overall, we are quite pleased with ES Sunlogy Berhad's performance. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings. If the company continues to grow its earnings the way it has, that could have a positive impact on its share price given how earnings per share influence long-term share prices. Not to forget, share price outcomes are also dependent on the potential risks a company may face. So it is important for investors to be aware of the risks involved in the business. Our risks dashboard would have the 4 risks we have identified for ES Sunlogy Berhad. — Investing narratives with Fair Values Suncorp's Next Chapter: Insurance-Only and Ready to Grow By Robbo – Community Contributor Fair Value Estimated: A$22.83 · 0.1% Overvalued Thyssenkrupp Nucera Will Achieve Double-Digit Profits by 2030 Boosted by Hydrogen Growth By Chris1 – Community Contributor Fair Value Estimated: €14.40 · 0.3% Overvalued Tesla's Nvidia Moment – The AI & Robotics Inflection Point By BlackGoat – Community Contributor Fair Value Estimated: $359.72 · 0.1% Overvalued View more featured narratives — 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.
The Star
25-06-2025
- Business
- The Star
ES Sunlogy's RE segment signals positive trajectory, says MD
KUALA LUMPUR: ES Sunlogy Bhd posted a net profit of RM2.48mil on revenue of RM75.61mil for its third financial quarter ended April 30, 2025, marking its full quarter post-initial public offering on the ACE Market of Bursa Malaysia. In a statement, ES Sunlogy said its revenue in the quarter under review was down 24.4% compared to the preceding quarter, attributed to lower contribution from the M&E segment due to the timing of project milestones and completion cycles. "This resulted in a quarter-on-quarter decrease in profit after tax. The moderation was expected and is part of the company's typical project execution flow," it said. The mechanical and electrical engineering services segment remained its core revenue driver, contributing RM67.6mil or 89.4% to the company's total revenue. The trading and sale of renewable energy segments contributed RM6mil and RM2mil respectively. "While the quarter saw a temporary moderation in revenue, it was anticipated as part of our project lifecycle. "More importantly, our strong unbilled order book and expanding footprint in the renewable energy space signal a promising trajectory ahead," said managing director Khor Chuan Meng. Over the three financial quarters, the company recorded a net profit of RM10.03mil on revenue of RM239.18mil. As at April 30, 2025, ES Sunlogy recorded total equity of RM107.1mil and an unbilled order book of RM214.1mil, providing earnings visibility in FY25 and FY26.
