Companies listed on Bursa Malaysia with outstanding quarter results for Sept 2024.
Companies that deliver excellent results and announce their financial result during September 2024 are included in this list.
Here are the criteria for entering the list.
1) QoQ profit growth > 20%,
2) Profit Before Tax > RM 2 mil
Company |
Note |
Industry |
Profit QoQ |
MCE
Holdings |
Lower
direct costs resulting from enhanced operational efficiencies, along with an
increase in other income. |
Auto
Parts |
62.60% |
Binastra |
Higher
construction activities and commencement of five new projects. |
Construction |
26.27% |
Umedic |
Increase orders from marketing
and distribution segment. |
Digital Services |
91.72% |
Meta Bright |
Reversal
of impairment losses on trade receivables for building material business,
fair value gain on properties for hospitality segment and investment
properties segment, higher profit for property development due to sales in
Damai suites |
Diversified |
1821.00% |
VS Industry |
Better product sales mix and
increased orders from key customers.
One-off, non-cash accounting gain of RM46.7 million from the
discontinued
operation. |
Electronic Manufacturing
Services |
132.73% |
Apollo Food |
Higher
domestic and export sales |
Food
& Beverage |
54.00% |
Magni- Tech |
Higher sales orders received |
Garment |
29.30% |
Kein Hing |
Surge
in customer demand in Vietnam. In Malaysia, the increase in revenue mainly
came from the sales of parts for screen display product. Whereas in Vietnam,
sales of parts for both printer product and home appliances experienced a
growth during the current quarter under review. |
Household
Goods |
109.00% |
Superlon |
Higher demand for our insulation
products from both export & local market supported by favourable foreign
exchange environment. |
Industrial Product |
95.00% |
Astro |
Favourable
unrealised forex arising from unhedged lease liabilities and lower
amortisation of intangible assets. Increase in subscription revenue for
television division, higher revenue for radio division due to Raya festival |
Media |
213.00% |
LB Aluminium |
Higher average selling price
recorded for aluminium segment, higher cumulative sales and work progress of
the SASaR and PSV 1 Residences projects. |
Metal |
37.70% |
NTPM |
Increased
sales in the tissue paper products segment. |
Paper
Product |
Turnaround |
JKG Land |
Better performance and higher
level of work progress achieved for Phase 2 of The ERA project |
Property |
113.30% |
Carlo Rino |
Increase
in revenue during festive seasons and sales contribution from newly opened
outlet at TRX, Silverlake Village Outlet and IOI Mall Puchong |
Retailer |
34.81% |
Mynews Holdings |
Increase in business activities
and expansion in number of outlets |
Retailer |
35.20% |
Mercury
Securities |
Increase
in brokerage fees as well as underwriting and placement fees. |
Stock
Broking |
29.43% |
SNS Network Technology |
Secured major orders to supply
mainly laptops for the education industry through the commercial channel in
the corresponding financial quarter.Increased in gross profit coupled with
the decrease in selling and distribution expenses mainly attributable to the
decrease in staff commission. |
Technology Equipment |
64.30% |
|