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Q1 results came out already. Revenue actually did well, up 26.2% YoY to RM30.27 million. However, higher admin costs ate into the earnings, causing profit to fall 90.8% to RM0.19 million
No worries, management is still positive about the rest of FY27. With more people and businesses going solar, plus ongoing upgrades to the power grid, there are still plenty of opportunities ahead
Revenue growth show they got strong demand, but management need to control their admin spending fast if they want to build real long-term value for shareholders.
JS Solar Holding Bhd has secured a letter of acceptance from GSPARX Sdn Bhd for engineering, procurement, construction and commissioning works and battery energy storage system at AEON Mall Seremban 2, worth RM18.05mil
Don’t worry lah, this is just a temporary cloud passing by and I believe JS SOLAR still has plenty of hidden potential to shine bright again once the market sentiment stabilizes.
