logo
#

Latest news with #RM8.2

KPS Berhad Delivers Steady Revenue Growth; 1Q25 Profitability Reflects Operational Resilience
KPS Berhad Delivers Steady Revenue Growth; 1Q25 Profitability Reflects Operational Resilience

Barnama

time26-05-2025

  • Business
  • Barnama

KPS Berhad Delivers Steady Revenue Growth; 1Q25 Profitability Reflects Operational Resilience

SHAH ALAM, Malaysia, May 26 (Bernama) -- Kumpulan Perangsang Selangor Berhad ('KPS Berhad' or 'the Group') (KPS, Bursa: 5843; Bloomberg: KUPS:MK; Reuters: today announced its financial results for the first quarter ended 31 March 2025 ('1Q25'), reflecting a resilient operational performance amidst a challenging operating environment, posting a higher revenue of RM243.5 million. The operating profit almost doubled to RM13.7 million, supported by stronger contributions from its manufacturing business. The Group registered a profit after tax and zakat ('PAT') of RM8.2 million, a turnaround from a loss position in the corresponding quarter in the previous year. HIGHLIGHTS FOR THE QUARTER ENDED 31 MARCH 2025 Characterised by slower demand recovery and elevated input costs, the operating environment remained complex, with shifts in the US trade policies continuing to render the global economic activities languid and consumer sentiment dampened. For the Group, however, it was selectively opportunistic: Strong orders from new projects in consumer electronics and medical divisions had furthered growth at Toyoplas Manufacturing (Malaysia) Sdn Bhd ('Toyoplas') and MDS Advance Sdn Bhd ('MDS Advance'), respectively. On the contrary, Century Bond Bhd ('CBB') faced lower offtake, demand volatility, and further price competition.

Wawasan Dengkil registers RM134.7 million revenue for nine-months FY25
Wawasan Dengkil registers RM134.7 million revenue for nine-months FY25

The Sun

time25-05-2025

  • Business
  • The Sun

Wawasan Dengkil registers RM134.7 million revenue for nine-months FY25

PETALING JAYA: Earthworks and civil engineering construction services provider Wawasan Dengkil Holdings Bhd recorded revenue of RM134.7 million for the nine months ended March 31, 2025 (9M25), with 89.6% contributed by its construction services segment and the balance by its trading of construction materials and hiring of machinery and commercial vehicles segments. Group profit after tax (PAT) stood at RM8.2 million, translating into a healthy margin of 6.1%. After excluding the one-off IPO listing expenses of RM1.3 million for 9M'25, Wawasan Dengkil would have recorded an adjusted PAT of RM9.5 million and an adjusted PAT margin of 7.1% for the financial period under review. Wawasan Dengkil also announced its third quarter (Q3'25) financial results. On a quarter-on-quarter basis, the group recorded revenue of RM40.6 million in Q3'25, compared to RM48 million in the previous quarter (Q2'25). This was mainly due to lower contributions from the construction segment as several projects were completed or near completion. The trading segment also saw lower contribution in the quarter following the completion of a major customer's project. Meanwhile, the group registered PAT of RM2.1 million in Q3'25, which, after excluding the one-off IPO listing expenses, would have been RM2.9 million and is comparable to Q2'25's PAT of RM3.4 million. There are no comparative figures for the preceding corresponding quarter and period ended as the company was listed was listed on the ACE Market of Bursa Securities on March 25. Wawasan Dengkil executive director Lim Soon Yik said, 'We are pleased to report a set of healthy performance following our recent listing on Bursa Securities. Our project pipeline remains strong and will keep us engaged over the next two to three financial years. Currently, we are managing 13 ongoing construction projects, with an unbilled order book of RM369.6 million as at March 31 2025. 'While we are mindful of tariff developments, the group does not foresee any impact as we operate domestically without reliance on imports or exports. The outlook remains positive, with the construction industry to benefit from government-led initiatives and increased spending in infrastructure development. With the RM27 million in fresh capital raised through the IPO, we are aiming to enhance our internal capabilities to tender for more and larger-scale projects. 'As of March 31, 2025, our tender book stands at RM1.6 billion, primarily within civil engineering services for property development, highways, urban rail construction, as well as solar farm infrastructure works.' Additionally, the group is well-positioned to capitalise on the national energy transition, which aims for a 40% renewable energy capacity target by 2035. Utility-scale programmes such as LSS5, LSS5+, and the upcoming LSS6 present significant opportunities for the group. As earthworks are typically required during the initial phases of building and infrastructure projects, Wawasan Dengkil is strategically placed to benefit from these growth prospects.

Kuantan boy reported missing found safe in Chukai
Kuantan boy reported missing found safe in Chukai

Sinar Daily

time06-05-2025

  • Sinar Daily

Kuantan boy reported missing found safe in Chukai

The teen was spotted at the house at about 7am based on initial investigations and information from the family. 05 May 2025 04:14pm Pahang police chief Datuk Seri Yahaya Othman said Anas Baihaqi Miqdad Johari, 13, was spotted at the house at about 7am based on initial investigations and information from the family. - BERNAMA FILE PIX KUANTAN - A Pekan MARA Junior Science College (MRSM) student who was reported missing yesterday here, was found safe in his relative's house in Chukai, Terengganu this morning. Pahang police chief Datuk Seri Yahaya Othman said Anas Baihaqi Miqdad Johari, 13, was spotted at the house at about 7am based on initial investigations and information from the family. "The police have conducted investigations and interviewed the boy's family members who live in Kuantan and we are still conducting further investigations to find out how the student could have reached the location," he said. He told reporters after the monthly assembly of the Pahang police contingent headquarters here today which was also attended by his deputy Datuk Azry Akmar Ayob. Yesterday, Kuantan district police chief ACP Wan Mohd Zahari Wan Busu was reported to have said the teenager was reported missing after leaving home without the family's knowledge, believed to be because he refused to return to the college hostel. Meanwhile, Yahaya in his speech said the police had seized various types of drugs worth more than RM84 million with 4,839 arrests in the first four months of this year. He said the amount increased compared to the same period last year, where only RM8.2 million worth of seizures were recorded while the total number of arrests was 4,810. "A total of 190 cases were charged under Section 39C of the Dangerous Drugs Act 1952 from January to April this year compared to 220 cases for the same period. The police also succeeded in busting four drug trafficking syndicates involving six arrests through Ops Indera," he said. In addition, he said that the Commercial Crime Investigation Department had opened 817 investigation papers involving losses of RM26 million with the Kuantan district recording the highest number of 333 investigation papers. Meanwhile, Yahaya said in the first quarter of 2025, a total of 8,183 accident cases were reported with 146 cases being fatal accidents. "During the same period, a total of 99,840 summonses were issued compared to 63,194 summonses in 2024. The total compound collection was RM1.35 million for 2025 compared to RM1.39 million in the previous year," he said. - BERNAMA More Like This

Kuantan boy reported missing found safe in Chukai
Kuantan boy reported missing found safe in Chukai

The Sun

time05-05-2025

  • The Sun

Kuantan boy reported missing found safe in Chukai

KUANTAN: A Pekan MARA Junior Science College (MRSM) student who was reported missing yesterday here, was found safe in his relative's house in Chukai, Terengganu this morning. Pahang police chief Datuk Seri Yahaya Othman said Anas Baihaqi Miqdad Johari, 13, was spotted at the house at about 7am based on initial investigations and information from the family. 'The police have conducted investigations and interviewed the boy's family members who live in Kuantan and we are still conducting further investigations to find out how the student could have reached the location,' he said. He told reporters after the monthly assembly of the Pahang police contingent headquarters here today which was also attended by his deputy Datuk Azry Akmar Ayob. Yesterday, Kuantan district police chief ACP Wan Mohd Zahari Wan Busu was reported to have said the teenager was reported missing after leaving home without the family's knowledge, believed to be because he refused to return to the college hostel. Meanwhile, Yahaya in his speech said the police had seized various types of drugs worth more than RM84 million with 4,839 arrests in the first four months of this year. He said the amount increased compared to the same period last year, where only RM8.2 million worth of seizures were recorded while the total number of arrests was 4,810. 'A total of 190 cases were charged under Section 39C of the Dangerous Drugs Act 1952 from January to April this year compared to 220 cases for the same period. The police also succeeded in busting four drug trafficking syndicates involving six arrests through Ops Indera,' he said. In addition, he said that the Commercial Crime Investigation Department had opened 817 investigation papers involving losses of RM26 million with the Kuantan district recording the highest number of 333 investigation papers. Meanwhile, Yahaya said in the first quarter of 2025, a total of 8,183 accident cases were reported with 146 cases being fatal accidents. 'During the same period, a total of 99,840 summonses were issued compared to 63,194 summonses in 2024. The total compound collection was RM1.35 million for 2025 compared to RM1.39 million in the previous year,' he said.

Missing MRSM Pekan student found safe at relative's home in Terengganu, say police
Missing MRSM Pekan student found safe at relative's home in Terengganu, say police

Malay Mail

time05-05-2025

  • Malay Mail

Missing MRSM Pekan student found safe at relative's home in Terengganu, say police

KUANTAN, May 5 — A Pekan MARA Junior Science College (MRSM) student who was reported missing yesterday here, was found safe in his relative's house in Chukai, Terengganu this morning. Pahang police chief Datuk Seri Yahaya Othman said Anas Baihaqi Miqdad Johari, 13, was spotted at the house at about 7am based on initial investigations and information from the family. 'The police have conducted investigations and interviewed the boy's family members who live in Kuantan and we are still conducting further investigations to find out how the student could have reached the location,' he said. He told reporters after the monthly assembly of the Pahang police contingent headquarters here today which was also attended by his deputy Datuk Azry Akmar Ayob. Yesterday, Kuantan district police chief ACP Wan Mohd Zahari Wan Busu was reported to have said the teenager was reported missing after leaving home without the family's knowledge, believed to be because he refused to return to the college hostel. Meanwhile, Yahaya in his speech said the police had seized various types of drugs worth more than RM84 million with 4,839 arrests in the first four months of this year. He said the amount increased compared to the same period last year, where only RM8.2 million worth of seizures were recorded while the total number of arrests was 4,810. 'A total of 190 cases were charged under Section 39C of the Dangerous Drugs Act 1952 from January to April this year compared to 220 cases for the same period. The police also succeeded in busting four drug trafficking syndicates involving six arrests through Ops Indera,' he said. In addition, he said that the Commercial Crime Investigation Department had opened 817 investigation papers involving losses of RM26 million with the Kuantan district recording the highest number of 333 investigation papers. Meanwhile, Yahaya said in the first quarter of 2025, a total of 8,183 accident cases were reported with 146 cases being fatal accidents. 'During the same period, a total of 99,840 summonses were issued compared to 63,194 summonses in 2024. The total compound collection was RM1.35 million for 2025 compared to RM1.39 million in the previous year,' he said. — Bernama

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store