Latest news with #MNHoldings
Yahoo
30-05-2025
- Business
- Yahoo
MN Holdings Berhad Third Quarter 2025 Earnings: EPS: RM0.03 (vs RM0.011 in 3Q 2024)
Revenue: RM127.4m (up 149% from 3Q 2024). Net income: RM16.5m (up 251% from 3Q 2024). Profit margin: 13% (up from 9.2% in 3Q 2024). The increase in margin was driven by higher revenue. EPS: RM0.03 (up from RM0.011 in 3Q 2024). 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. All figures shown in the chart above are for the trailing 12 month (TTM) period Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in Malaysia. Performance of the Malaysian Construction industry. The company's shares are up 5.6% from a week ago. Don't forget that there may still be risks. For instance, we've identified 2 warning signs for MN Holdings Berhad (1 is a bit unpleasant) you should be aware of. 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.
New Straits Times
27-05-2025
- Business
- New Straits Times
MN Holdings' earnings more than doubles in Q3
KUALA LUMPUR: MN Holdings Bhd's net profit more than doubled to RM16.5 million in the third quarter ended March 31, 2025 (3Q25), from RM4.7 million a year ago, on the back of higher revenue. Its quarterly revenue rose to RM127.42 million from RM51.11 million previously, mainly contributed from the substation engineering segment, which increased 248 per cent to RM97.09 million. The company registered higher earnings per share of 3.01 sen compared to 1.12 sen in 3Q24. For the nine-month period (9MFY2025), MN Holdings' net profit increased to RM36.16 million from RM12.78 million a year ago, while revenue rose to RM356.01 million from RM181.18 million previously. The growth was driven by accelerated project execution and higher billings, particularly from the substation engineering segment, which continued to anchor the group's top-line expansion by a 98 per cent increase to RM211.19 million. The company declared a second interim dividend of 0.10 sen per share, reflecting the confidence in its consistent performance and positive earnings trajectory. MN Holdings managing director Datuk Clement Toh said the record performance this quarter reflects its disciplined execution and deep capabilities across key infrastructure segments. He added that with continued demand for energy-related projects, from power distribution to data centres and renewable energy facilities, the company is well-positioned to deliver value and meet Malaysia's evolving infrastructure needs. "Backed by a healthy order book and growing exposure to high-demand segments such as data centres, solar interconnection, and battery energy storage systems, we are confident in sustaining our growth trajectory," he said in a statement. As at March 31, 2025, MN Holdings recorded a robust financial position, with net assets per share at RM0.32 and cash and short-term investments totalling RM73.94 million. Its outstanding order book stood at about RM1.1 billion, providing clear revenue visibility over the next 24 to 36 months.
New Straits Times
15-05-2025
- Business
- New Straits Times
MN Holdings to focus on power-related infrastructure upgrades: Maybank IB
KUALA LUMPUR: MN Holdings Bhd's upcoming projects will largely focus on power-related infrastructure upgrades, Maybank Investment Bank Bhd (Maybank IB) said. These are supported by structural trends like Tenaga Nasional Bhd's grid modernisation, increasing data centre demand, and the expansion of semiconductor-related infrastructure. On Wednesday, MN Holdings announced that it had secured a RM37.9 million contract for engineering, procurement, construction, installation, testing and commissioning works involving transmission lines for a waste-to-energy facility in the central region. "This contract win lifts MN Holdings outstanding order book to RM1.2 billion, equivalent to 4.7 times its financial year 2024 revenue. "We have assumed a RM500 million new job win for financial years 2025 to 2027," it said. Maybank IB noted that MN Holdings is steadily broadening its involvement in utility-related projects, which could act as a catalyst for long-term growth. The group is actively pursuing and carrying out projects involving sewerage systems, water pipelines and flood mitigation infrastructure. "Of the RM662 million in jobs secured year to date, 60 per cent is attributed to data centre projects, and this momentum is expected to continue," Maybank IB added.
Malaysian Reserve
14-05-2025
- Business
- Malaysian Reserve
MN Holdings get 'Buy' with target price of RM1.69
POWER infrastructure specialist MN Holdings Bhd has received a 'Buy' call in an initiation report with a 52-week target price of RM1.69, reflecting 17-times fully diluted of its earnings per share (EPS) for the 2026 financial year. 'In our view, this valuation reflects MN Holdings' solid earnings momentum, improving visibility and its strong footing in Malaysia's power infrastructure utilities,' Maybank Investment Bank Bhd said in the report on the company released today. Listed on ACE Market of Bursa Malaysia in April 2022 at 21 sen, the counter's 52-week high/low was RM1.31/71 sen. It was trading at RM1.25 at 10am today. All three brokers tracked by Bloomberg covering the stock have 'Buy' calls with a consensus target price of RM1.70. The report noted that MN Holdings had benefited from grid upgrades under Tenaga Nasional Bhd's (TNB) regulatory period 4 (RP4), rising demand from data centres (DC) and semiconductors as well as shift to renewable energy (RE) under National Energy Transition Roadmap (NETR). It projected that the company' score net profit would grow at a three-year compound annual growth rate (CAGR) of 49.7% (FY24–27E), supported by a strong order book and healthy tender pipeline. The report said MN Holdings has secured a string of new contracts in September 2023, particularly in the DC and power infrastructure segment, including the consumer landing station (CLS) contract for GDS DC in Johor and a turnkey power distribution project in Teluk Intan. It said back-to-back deals in early April 2024 – including a 50MW solar contract in Kedah and a new JV in cybersecurity – further lifted sentiment, expanding its reach in both renewable and digital spaces. –TMR
New Straits Times
23-04-2025
- Business
- New Straits Times
MN Holdings secures RM29.7 mil solar project in Kedah
KUALA LUMPUR: MN Holdings Bhd's unit, MN Power Transmission Sdn Bhd (MNPTSB), has secured two contracts worth RM29.7 million from Fabulous Sunview Sdn Bhd (FSSB), a wholly owned subsidiary of Sunview Group Bhd. In a Bursa Malaysia statement today, MN Holdings said MNPTSB has been appointed as the interconnection facilities (IF) contractor for two 29.99 Megawatt alternating current (MWac) solar power plant projects in Sungai Petani, Kedah. "The scope includes the establishment of a new IF and the extension of two 132 kilovolt (kV) bays at the existing main intake substation Aman Jaya. "The contracts will commence upon issuance of the notice to proceed from FSSB, with a targeted completion period of 10 months," it said. MN Holdings executive director Datuk Dang Siong Diang said the projects reinforce the group's strong support for Malaysia's green energy agenda. "By delivering essential interconnection works, we are enabling the integration of large-scale solar energy into the national grid, contributing to a more sustainable and resilient power ecosystem," he said.
