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Elsa maintained a strong financial position, generating RM5.31 million in net operating cash flow during the quarter. Cash and cash equivalents rose to RM23.81 million from RM19.37 million at end-December 2025, while total equity increased to RM50.08 million. Bank borrowings remained low at RM4.91 million, underscoring its asset-light structure.
The disposal of older assets like RHF Stone Factory and redeployment into higher-quality properties should enhance portfolio resilience and potentially improve returns
