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Actually not too bad lah. Even though the construction side slowed down a lot, at least the trading business managed to step up and push overall revenue higher. Margins may be thinner for now, but it's a good sign that the company can pivot and find new sources of income
True that, rapid growth is good for brand recall but the real test is whether they can actually turn a solid profit per unit later on. Once the hype settles, they better start locking in those repeat customers or else the business model gonna look real shaky.
DXN fundamental strong but the stock price move like slow turtle since listing. Wait until the quarterly results come out then see whether can breakout or not.
So Advancecon's order book is looking solid, eh? RM756 million means they got plenty of work lined up till FY2027. Could be a big boost for new project and profits
