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Harvest Miracle Capital delivered a strong FY2027 Q1, with revenue rising 14.3% to RM64.21 million and PAT surging 358.4% to RM3.19 million, driven by stronger contributions from property investment, money lending, manufacturing and trading
good thing is improvement not coming from one business only, property investment, money lending, manufacturing and trading all contributed. More diversified earnings base is generally healthier than depending on a single segment
HMCB's quarterly performance was supported by contributions from multiple business segments. While the Trading Division remained the largest revenue contributor, the Property Investment Division emerged as the main profit driver, benefiting from a significant fair value gain on its property portfolio. The IT & ICT Division delivered stable results, the Moneylending Division maintained steady demand, while the Manufacturing Division recorded a loss due to a one-off impairment. Overall, the Group's profitability was primarily driven by property revaluation gains despite mixed performance across its other businesses.
If the management can continue executing its plans well across all three business segments, the company could enjoy better and more consistent growth over the long term