Highlights
KLSE: WEGMANS (0197)       WEGMANS HOLDINGS BERHAD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.205   -0.005 (2.38%)  0.195 - 0.21  906,200
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Financials


Market Cap: 113 Million

Market Cap 113 Million
NOSH 550 Million

Latest Audited Result:  31-Dec-2022

Latest Audited Result: 31-Dec-2022
Announcement Date 26-Apr-2023
Next Audited Result: 31-Dec-2023
Est. Ann. Date: 26-Apr-2024
Est. Ann. Due Date: 28-Jun-2024

Latest Quarter:  31-Dec-2023 [#4]

Latest Quarter: 31-Dec-2023 [#4]
Announcement Date 27-Feb-2024
Next Quarter: 31-Mar-2024
Est. Ann. Date: 25-May-2024
Est. Ann. Due Date: 30-May-2024
QoQ | YoY   579.34%  |    43.25%

Annual (Unaudited) ( EPS: 1.28, P/E: 16.08 )

Revenue | NP to SH 117,656  |  7,014
RPS | P/RPS 21.39 Cent  |  0.96
EPS | P/E | EY 1.28 Cent  |  16.08  |  6.22%
DPS | DY | Payout % 0.50 Cent  |  2.44%  |  39.17%
NAPS | P/NAPS 0.23  |  0.89
YoY   -64.58%
NP Margin | ROE 6.09%  |  5.55%
F.Y. | Ann. Date 31-Dec-2023  |  27-Feb-2024

T4Q Result ( EPS: 1.28, P/E: 16.08 )

Revenue | NP to SH 117,656  |  7,014
RPS | P/RPS 21.39 Cent  |  0.96
EPS | P/E | EY 1.28 Cent  |  16.08  |  6.22%
DPS | DY | Payout % 0.50 Cent  |  2.44%  |  39.17%
NAPS | P/NAPS 0.23  |  0.89
QoQ | YoY   21.33%  |    -64.58%
NP Margin | ROE 6.09%  |  5.55%
F.Y. | Ann. Date 31-Dec-2023  |  27-Feb-2024

Annualized Result ( EPS: 1.28, P/E: 16.08 )

Revenue | NP to SH 117,656  |  7,014
RPS | P/RPS 21.39 Cent  |  0.96
EPS | P/E | EY 1.28 Cent  |  16.08  |  6.22%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   79.54%  |    -64.58%
NP Margin | ROE 6.09%  |  5.55%
F.Y. | Ann. Date 31-Dec-2023  |  27-Feb-2024


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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
31-Dec-2023 27-Feb-2024 31-Dec-2023 4 31,417 5,315 4,142 4,084 2,747 126,380 67.27% 13.18% 3.23% 549,480 5.72 5.71 0.74 0.74 0.50 0.50 0.2300 0.23   579.34%   43.25% 29-Dec-2023 0.185 3.24 24.89 0.80 4.02% 2.70% 27-Feb-2024 0.19 3.32 25.56 0.83 3.91% 2.63%
31-Dec-2023 30-Nov-2023 30-Sep-2023 3 33,505 -454 -802 -852 - 126,379 - % -2.39% -0.67% 549,477 6.10 6.09 -0.16 -0.15 0.00 0.00 0.2300 0.23   -123.57%   -112.95% 29-Sep-2023 0.195 3.20 -125.76 0.85 -0.80% 0.00% 0.19 3.12 -122.54 0.83 -0.82% 0.00%
31-Dec-2023 28-Aug-2023 30-Jun-2023 2 29,686 4,612 3,652 3,615 - 126,473 - % 12.30% 2.86% 549,883 5.40 5.40 0.66 0.66 0.00 0.00 0.2300 0.23   2,064.67%   -40.56% 30-Jun-2023 0.20 3.70 30.42 0.87 3.29% 0.00% 28-Aug-2023 0.19 3.52 28.90 0.83 3.46% 0.00%
31-Dec-2023 25-May-2023 31-Mar-2023 1 23,048 248 178 167 - 121,007 - % 0.77% 0.14% 550,034 4.19 4.19 0.03 0.03 0.00 0.00 0.2200 0.22   -94.14%   -96.11% 31-Mar-2023 0.19 4.53 625.79 0.86 0.16% 0.00% 25-May-2023 0.175 4.18 576.38 0.80 0.17% 0.00%
31-Dec-2022 23-Feb-2023 31-Dec-2022 4 30,664 3,424 2,874 2,851 - 121,007 - % 9.37% 2.36% 550,034 5.57 5.57 0.52 0.52 0.00 0.00 0.2200 0.22   -56.66%   57.69% 30-Dec-2022 0.20 3.59 38.59 0.91 2.59% 0.00% 0.205 3.68 39.55 0.93 2.53% 0.00%
31-Dec-2022 24-Nov-2022 30-Sep-2022 3 37,875 7,176 6,620 6,578 - 121,007 - % 17.48% 5.44% 550,034 6.89 6.89 1.20 1.20 0.00 0.00 0.2200 0.22   8.16%   437.51% 30-Sep-2022 0.195 2.83 16.31 0.89 6.13% 0.00% 24-Nov-2022 0.205 2.98 17.14 0.93 5.83% 0.00%
31-Dec-2022 24-Aug-2022 30-Jun-2022 2 41,546 6,685 6,135 6,082 2,750 115,507 45.22% 14.77% 5.27% 550,034 7.55 7.55 1.11 1.11 0.50 0.50 0.2100 0.21   41.74%   281.80% 30-Jun-2022 0.20 2.65 18.09 0.95 5.53% 2.50% 24-Aug-2022 0.195 2.58 17.64 0.93 5.67% 2.56%
31-Dec-2022 26-May-2022 31-Mar-2022 1 36,093 5,124 4,374 4,291 - 110,006 - % 12.12% 3.90% 550,034 6.56 6.56 0.78 0.78 0.00 0.00 0.2000 0.20   137.33%   122.91% 31-Mar-2022 0.225 3.43 28.84 1.13 3.47% 0.00% 26-May-2022 0.215 3.28 27.56 1.08 3.63% 0.00%
31-Dec-2021 25-Feb-2022 31-Dec-2021 4 31,285 2,994 1,927 1,808 - 104,506 - % 6.16% 1.73% 550,034 5.69 5.69 0.33 0.33 0.00 0.00 0.1900 0.19   192.77%   -61.95% 31-Dec-2021 0.225 3.96 68.45 1.18 1.46% 0.00% 0.23 4.04 69.97 1.21 1.43% 0.00%
31-Dec-2021 25-Nov-2021 30-Sep-2021 3 8,463 -1,864 -1,914 -1,949 - 104,506 - % -22.62% -1.86% 550,034 1.54 1.54 -0.35 -0.35 0.00 0.00 0.1900 0.19   -222.35%   -140.13% 30-Sep-2021 0.265 17.22 -74.79 1.39 -1.34% 0.00% 25-Nov-2021 0.25 16.25 -70.55 1.32 -1.42% 0.00%
31-Dec-2021 30-Sep-2021 30-Jun-2021 2 26,779 1,972 1,682 1,593 - 104,506 - % 6.28% 1.52% 550,034 4.87 4.87 0.29 0.29 0.00 0.00 0.1900 0.19   -17.25%   222.63% 30-Jun-2021 0.265 5.44 91.50 1.39 1.09% 0.00% 30-Sep-2021 0.265 5.44 91.50 1.39 1.09% 0.00%
31-Dec-2021 31-May-2021 31-Mar-2021 1 27,460 2,065 1,925 1,925 - 85,000 - % 7.01% 2.26% 500,000 5.49 4.99 0.39 0.35 0.00 0.00 0.1700 0.15   -59.49%   332.58% 31-Mar-2021 0.325 5.92 84.42 1.91 1.18% 0.00% 31-May-2021 0.28 5.10 72.73 1.65 1.38% 0.00%
31-Dec-2020 12-Mar-2021 31-Dec-2020 4 41,139 5,853 4,752 4,752 - 85,000 - % 11.55% 5.59% 500,000 8.23 7.48 0.95 0.86 0.00 0.00 0.1700 0.15   -2.16%   370.03% 31-Dec-2020 0.345 4.19 36.30 2.03 2.75% 0.00% 0.345 4.19 36.30 2.03 2.75% 0.00%
31-Dec-2020 23-Nov-2020 30-Sep-2020 3 30,420 5,057 4,857 4,857 - 79,999 - % 15.97% 6.07% 500,000 6.08 5.53 0.97 0.88 0.00 0.00 0.1600 0.15   473.90%   112.37% 30-Sep-2020 0.325 5.34 33.46 2.03 2.99% 0.00% 23-Nov-2020 0.38 6.25 39.12 2.38 2.56% 0.00%
31-Dec-2020 28-Aug-2020 30-Jun-2020 2 14,101 -1,299 -1,299 -1,299 - 79,999 - % -9.21% -1.62% 500,000 2.82 2.56 -0.26 -0.24 0.00 0.00 0.1600 0.15   -391.91%   -143.07% 30-Jun-2020 0.185 6.56 -71.21 1.16 -1.40% 0.00% 28-Aug-2020 0.295 10.46 -113.55 1.84 -0.88% 0.00%
31-Dec-2020 24-Jun-2020 31-Mar-2020 1 21,865 485 445 445 - 79,999 - % 2.04% 0.56% 500,000 4.37 3.98 0.09 0.08 0.00 0.00 0.1600 0.15   -55.98%   -72.65% 31-Mar-2020 0.135 3.09 151.69 0.84 0.66% 0.00% 24-Jun-2020 0.205 4.69 230.34 1.28 0.43% 0.00%
31-Dec-2019 27-Feb-2020 31-Dec-2019 4 23,442 1,991 1,011 1,011 2,500 79,999 247.28% 4.31% 1.26% 500,000 4.69 4.26 0.20 0.18 0.50 0.45 0.1600 0.15   -55.79%   -83.45% 31-Dec-2019 0.27 5.76 133.53 1.69 0.75% 1.85% 27-Feb-2020 0.23 4.91 113.75 1.44 0.88% 2.17%
31-Dec-2019 25-Nov-2019 30-Sep-2019 3 19,851 2,818 2,287 2,287 - 75,000 - % 11.52% 3.05% 500,000 3.97 3.61 0.46 0.42 0.00 0.00 0.1500 0.14   -24.17%   -46.85% 30-Sep-2019 0.27 6.80 59.03 1.80 1.69% 0.00% 25-Nov-2019 0.29 7.30 63.40 1.93 1.58% 0.00%
31-Dec-2019 26-Aug-2019 30-Jun-2019 2 19,559 3,156 3,016 3,016 - 75,000 - % 15.42% 4.02% 500,000 3.91 3.56 0.60 0.55 0.00 0.00 0.1500 0.14   85.37%   -18.84% 28-Jun-2019 0.34 8.69 56.37 2.27 1.77% 0.00% 26-Aug-2019 0.285 7.29 47.25 1.90 2.12% 0.00%
31-Dec-2019 31-May-2019 31-Mar-2019 1 22,511 1,667 1,627 1,627 - 75,000 - % 7.23% 2.17% 500,000 4.50 4.09 0.33 0.30 0.00 0.00 0.1500 0.14   -73.37%   198.55% 29-Mar-2019 0.325 7.22 99.88 2.17 1.00% 0.00% 31-May-2019 0.315 7.00 96.80 2.10 1.03% 0.00%
31-Dec-2018 19-Feb-2019 31-Dec-2018 4 27,145 4,619 6,109 6,109 2,500 75,000 40.92% 22.51% 8.15% 500,000 5.43 4.94 1.22 1.11 0.50 0.45 0.1500 0.14   41.97%   104.93% 31-Dec-2018 0.33 6.08 27.01 2.20 3.70% 1.52% 19-Feb-2019 0.345 6.35 28.24 2.30 3.54% 1.45%
31-Dec-2018 13-Nov-2018 30-Sep-2018 3 24,336 4,741 4,303 4,303 - 64,999 - % 17.68% 6.62% 500,000 4.87 4.42 0.86 0.78 0.00 0.00 0.1300 0.12   15.80%   - % 28-Sep-2018 0.38 7.81 44.16 2.92 2.26% 0.00% 13-Nov-2018 0.375 7.70 43.57 2.88 2.29% 0.00%
31-Dec-2018 15-Aug-2018 30-Jun-2018 2 21,802 3,896 3,716 3,716 - 64,999 - % 17.04% 5.72% 500,000 4.36 3.96 0.74 0.68 0.00 0.00 0.1300 0.12   325.08%   - % 29-Jun-2018 0.245 5.62 32.97 1.88 3.03% 0.00% 15-Aug-2018 0.36 8.26 48.44 2.77 2.06% 0.00%
31-Dec-2018 31-May-2018 31-Mar-2018 1 21,063 -1,651 -1,651 -1,651 2,144 51,466 - % -7.84% -3.21% 428,889 4.91 3.83 -0.38 -0.30 0.50 0.39 0.1200 0.09   -155.38%   - % 30-Mar-2018 0.24 4.89 -62.35 2.00 -1.60% 2.08% 31-May-2018 0.235 4.79 -61.05 1.96 -1.64% 2.13%
31-Dec-2017 28-Feb-2018 31-Dec-2017 4 22,837 3,781 2,981 2,981 - 35,772 - % 13.05% 8.33% 397,466 5.75 4.15 0.75 0.54 0.00 0.00 0.0900 0.06   - %   - % 0.00 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Dec-2017 30-Sep-2017 3 0 0 0 0 - - - % - % - % - - - 0.00 0.00 0.00 0.00 - -   - %   - % 0.00 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Dec-2017 30-Jun-2017 2 0 0 0 0 - - - % - % - % - - - 0.00 0.00 0.00 0.00 - -   - %   - % 0.00 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Dec-2017 31-Mar-2017 1 0 0 0 0 - - - % - % - % - - - 0.00 0.00 0.00 0.00 - -   - %   - % 0.00 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Dec-2016 31-Dec-2016 4 0 0 0 0 - - - % - % - % - - - 0.00 0.00 0.00 0.00 12.8900 12.89   - %   - % 0.00 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

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  Like Social Forum Comment
  3 people like this.
 
kc1991 Hmmm...
19/03/2021 5:35 PM
klse99 next Monday should watch on these few stocks...the trends are coming, KLCI need rebound, indeed.
20/03/2021 5:23 PM
Ynwa19 KLCI rebound? Looks like shit!
22/03/2021 9:34 AM
kc1991 Where is the rebound?
22/03/2021 3:47 PM
nono_hardi Ya...rebound can be up and down, klse99 didn't mentioned which of them lol

But this Monday US & China conference make whole world stock unstable tho.
25/03/2021 8:41 AM
nono_hardi Ok…finally the dictator fed up to play dy. They eventually push =) tmr need careful
25/03/2021 5:01 PM
miniyaoming I think will be drop back tomorrow, don’t chase high is ok
25/03/2021 5:03 PM
NATURAL8 500mil Nosh counter very easy to push
25/03/2021 5:15 PM
persie Huat ah..
25/03/2021 5:20 PM
persie Cum cum coming..
25/03/2021 5:20 PM
persie Huat ah..
25/03/2021 5:20 PM
persie @natural8.. don't say 500mil, it is only 82mil shares floated..
25/03/2021 5:21 PM
persie Huat ah...
25/03/2021 5:21 PM
persie Nosh 500mil but only 82mil floated..ni hope u understand...
25/03/2021 5:22 PM
persie Huat ah..
25/03/2021 5:22 PM
Newmaster This operator is one of the smartest ever seen, no one dare go near them. Just let them play by themselves for sometimes.....................................hahaha
25/03/2021 5:57 PM
nono_hardi Who say no ones dare LOL @Newmaster
U haven't seen operator mcm BJcorp, the director is more smart enough compare with this.
26/03/2021 8:26 AM
nono_hardi I'd roughly expect what the price will come, but so pity not much volume as the trend has gone.
26/03/2021 8:27 AM
Newmaster Told ya
30/03/2021 2:09 PM
mystery No operators in wegman, so pity
30/04/2021 5:16 PM
Newmaster TP may go above 50 this round, just be a little patient
06/05/2021 10:16 AM
sujibaby DPS (7198): From furniture maker to a potential property player - Sujibaby

https://klse.i3investor.com/blogs/sujibaby_yongtai/2021-06-16-story-h1...
16/06/2021 1:58 PM
Shawn Ng 50 cents for this stock ... Remember those coming on the pending orders to be deliver
06/07/2021 12:08 PM
Kingston1 0.50 or 0.05 cents? very much speculating
26/07/2021 3:24 PM
hoot9e996 whats going on with warrant
26/07/2021 3:57 PM
Shinju_Nosuke Mother up..son down…mother down..son super down… so weird…
26/07/2021 4:09 PM
Frankie Tay Public Bank Target Price is RM 0.42, can buy or not, any master here?
01/10/2021 8:35 PM
tom33tan don't miss the rocket..
02/10/2021 11:12 PM
Shinju_Nosuke Mayday mayday…rocket down..rocket down…
04/10/2021 2:35 PM
RRWin89 back to rsi 50. accumulation phase. slow n steady win the race
10/10/2021 8:58 AM
RRWin89 silent night, holy night....
21/10/2021 10:15 AM
EatCoconutCanWin What happened to this ipo. Below IPO price 0.25. can buy?
28/12/2021 9:46 AM
Will188 Silent is when the operator accumulating
17/01/2022 9:23 PM
Will188 Let's see the querterly result.
17/01/2022 9:24 PM
blockofstone tomorrow flyyyy...
12/05/2022 2:52 PM
Linus168 Why tomorrow fly?
12/05/2022 9:19 PM
imvu -wc gap up limit up ?
13/05/2022 7:17 AM
Legend Cantik...
25/05/2022 11:44 AM
Legend Wow sudah ada gaji...haha
27/05/2022 3:37 PM
KPH5328 Prospect: The higher US furniture sales were driven by the Covid-19 recovery stimulus and high demand following the lockdowns. Although purchase orders particularly from US customers remain strong, going forward we expect the continuous inflationary pressures may somewhat dampen demand.
Nevertheless, the ongoing trade war between the United States and China, the Russia-Ukraine
conflict and the resulting sanctions have driven importers to secure their sources of supply from SEA countries, including Malaysia
24/08/2022 10:15 PM
Jaeger Someone buying lots of wb.
16/06/2023 6:10 AM
adikkici FA good, technical good but volume very sedih
28/06/2023 9:22 AM
tok_jeff boodo punya kaunter
30/06/2023 4:08 PM
Kim Watch to goreng WC & WB =)
27/09/2023 11:49 AM
Kim Get ready fly to North Korea =)
27/09/2023 12:01 PM
Kim WB only daredevil can see =)
27/09/2023 12:02 PM
ktrader Already in WC
28/09/2023 11:18 AM
195410 Wake up Wegmans
14/10/2023 11:50 PM
Za1234 y????................anak/ wc naik banyak ni????
07/11/2023 4:19 PM
MZM2511 Base on my BRIEF study on the QR4 2023 (The latesr QR) of Wegmans:

(Note: A comparative figures from QR3 2023 included)


A: Sitting on positive reserve / Retained profits of RM 82,245,000 (121% of its share capital).
It means, the company is a profitable company.
B: Has a moderate cash and cash equivalents of RM 19 mil.

C. Total assets > Total liabilities, Total current assets > Total current liabilities, and its total current liabilities below 50% of its current assets – Means has a low indebtedness risk.

D. The dividend for shareholders – Dividend of 0.5 sen per ordinary share in respect of the financial year ended 31 December 2023.


THE FINDINGS:

1. NTA 23 sen _ , QR3 2023 - 23 sen.
2. NOSH 550.54 mil _ , QR3 2023 - 550.54 mil.

3. EQUITY
Share Capital RM 68,155,000 _ , QR3 2023 - RM 68,154,000
Treasury shares (RM 94,000) _ , QR3 2023 - (RM 94,000)
Merger defisit (RM 22,100,000) _ , QR3 2023 - (RM 22,100,000)
Retained profits RM 82,245,000 _ , QR3 2023 - RM 78,161,000
Equity Attributable To Owners Of The Company RM 128,206,000 _ , QR3 2023 - RM 124,121,000
Non-Controlling Interest RM 1,541,000 _ , QR3 2023 - (RM 1,483,000)
TOTAL EQUITY RM 129,747,000 _ , QR3 2023 - RM 125,604,000

4. Cash and Cash Equivalent:
Deposits, bank and cash balances RM 19,855,000 _ , QR3 2023 - RM 12,350,000

5. Assets:
Current Assets RM 72,635,000 _ , QR3 2023 - RM 70,838,000
Non-current Assets RM 116,306,000 _ , QR3 2023 - RM 117,267,000
TOTAL ASSETS RM 188,941,000 _ , QR3 2023 - RM 188,105,000

6. Liabilities:
Current Liabilities RM 27,860,000 _ , QR3 2023 - RM 30,095,000
Non-current liabilities RM 31,334,000 _ , QR3 2023 - RM 32,406,000
TOTAL LIABILITIES RM 59,194,000 _ , QR3 2023 - RM 62,501,000

7. QR1 2024 results - Revenue RM 31,417,000 _ , QR3 2023 - RM 33,505,000
- Gross profit/(loss) RM 5,315,000 _ , QR3 2023 - (RM454,000)
- Net profit/(Net loss) RM 4,142,000 _ , QR3 2023 - (RM852,000)


Note 1:

The Group’s revenue for the current financial quarter ended 31 December 2023 has increased by RM0.75 million or 2.46% to approximately RM31.42 million as compared to approximately RM30.66 million in the preceding year corresponding quarter ended 31 December 2022.

The higher revenue was mainly attributed to the higher sales volume from Malaysia.

The Group registered a profit before tax of approximately RM5.32 million for the current financial quarter ended 31 December 2023 as compared to profit before tax of approximately RM3.42 million for the preceding year corresponding quarter ended 31 December 2022.

The higher profit before tax was mainly attributed to the higher revenue generated and strengthening of United States Dollar (“USD”) against the RM whereby a majority of the group’s revenue sales are denominated in USD.

Note 2:

For the current financial quarter ended 31 December 2023, the Group’s revenue has decreased by RM2.09 million or 6.23% to approximately RM31.42 million as compared to approximately RM33.51 million in the preceding financial quarter ended 30 September 2023. The lower revenue was mainly due to lower sales volume from North and South America.

Despite decrease in revenue, the Group registered a profit before tax of approximately RM5.32 million for the current financial quarter ended 31 December 2023 as compared to a loss before tax of approximately RM0.45 million for the preceding financial quarter ended 30 September 2023. The loss before tax was consequent upon the Company’s prudent decision to provide full allowance for the impairment loss on a trade receivable of approximately RM8.00 million.

Note 3: Prospects

Despite the challenging global economic outlook, the Board will regularly review the performance and progress of the Group’s operations and financial performance as well as introduce measures to minimise our operating costs.

The Board expects that the Group’s operations for the financial year ending 31 December 2024 to remain profitable amidst a challenging business environment.
27/02/2024 10:05 PM