GENETEC FY2023 Q4 - Management Briefing Takeaway
(1) Win Customer T Cybetruck (small scale project with growth potential)
(2) Expect 100GWh line from Customer T Giga Nevada expansion this year
(3) New bidding on Customer T's next generation battery pack & battery control unit
(4) Customer T to conduct site visit at new factory for validation of resources for larger project
(5) Customer Z to place order for more ECU & Regen line this year
(6) BESS (Battery Energy Storage Systems) has high demand, aiming for 750m revenue in next 3 years with 15% - 20% margin
(7) Targeting transfer to main market by Q3
LATEST ORDDER BOOK: RM300M