Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Good QR & profit, acquires new project, good condition to expand but nothing happen, bank or jerung not show any interest. what happen to the order book.? P/E so high, or true show will happen before or after 2025 Q1 release...
Superb Q4 results !! Both revenue and net profit achieve historical high. Management has indeed made a wise choice to implement a transformation strategy for the company
Mbright did manage to diversify its core businesses to include energy-related, equipment rental and building materials, which bosses believe will have a positive impact on future profits
Meta Bright net earnings for Q4 increased 40.41% to RM48.56m. The strong increase in net earnings was mainly due to substantial revenue growth, which increased more than threefold to RM102.92 million in FY24 compared to RM34.07 million recorded in FY23.
The revenue surge was driven by the implementation of the group’s transformation strategy, including acquiring the building materials business, which added RM60.53 million, and growing leasing and financing, which contributed RM5.71 million.
