Friday, 12 December 2025

Author: Alvin Tang

Demanlink deploys first IBC solution

MIRI: Demanlink Connexion Sdn Bhd (Demanlink), a Sarawak-based telecommunications infrastructure company, has successfully deployed its first site in the state — an In-Building Coverage (IBC) solution at One Shell Square Miri (OSSM), the new headquarters for Shell Malaysia Upstream. Located at Miri Times Square, the IBC solution is equipped with

WTK’s timber segment struggles despite improved revenue

KUCHING: WTK Holdings Bhd’s traditional core timber business has been struggling with prolonged poor performance, incurring significant annual losses that offset profits from its oil palm business. For the financial year ended December 31, 2024 (FY2024), WTK’s timber segment recorded a pre-tax loss of RM40.4 million, an improvement from the

Shin Yang sees strong growth with automotive boost

KUCHING: Shin Yang Group Bhd has more than doubled its group net profit to RM42.42 million in the second quarter ended December 31, 2024 (FY2Q2025), up from RM19.52 million in 2Q2024. This surge was bolstered by the maiden earnings contribution from its newly acquired automotive business. Group revenue soared to

AIZO Group’s net loss widens to RM6.02 mln

KUCHING: AIZO Group Bhd’s net loss widened to RM6.02 million for the nine-month period ending December 31, 2024, compared to RM1.1 million in the same period in 2023, as revenue declined to RM87.9 million from RM94.5 million. The company’s loss per share increased to 0.31 sen from 0.07 sen. AIZO

Press Metal’s profit soars to RM1.76 bln

KUCHING: Press Metal Aluminium Holdings Bhd has posted stronger earnings, with group net profit surging to RM1.76 billion for the financial year ended December 31, 2024 (FY2024), up from RM1.22 billion in FY2023. This growth was in tandem with a revenue increase to RM14.9 billion from RM13.8 billion. The company’s

Naim Holdings sees record profit surge

KUCHING: Naim Holdings Bhd’s group net profit surged to RM228.2 million for the financial year ended December 31, 2024 (FY2024), compared to RM35 million in FY2023, marking an increase of RM193.2 million. This significant growth was primarily driven by substantial gains from land disposal. Year-on-year, group revenue jumped to RM498.5

AFujiya begins EFB battery production

KUCHING: ABM Fujiya Bhd (AFujiya) has commenced the production of enhanced flooded battery (EFB) batteries, a key component of an electric vehicle (EV) aside from lithium batteries, at its new manufacturing plant in Demak Laut Industrial Park, here. This move aligns with shifting market trends and the growing acceptance of

Sealink returns to profitability boosted by vessel use, charter rates

KUCHING: Sealink International Bhd has returned to profitability, posting a group net profit of RM18.23 million for financial year ended December 31,2024 (FY2024) from a loss of RM3.82 million in FY2023, boosted by higher utilisation of vessels and charter rates. Year-on-year,group revenue surged to RM125.26 million from RM106.36 million. The

Ta Ann posts group net profit despite revenue drop

KUCHING: Ta Ann Holdings Bhd has posted an impressive group net profit of RM183.6 million for the financial year ended December 31,2024 (FY2024) from RM157.3 million in FY2023. It amounts to an increase of RM26.3 million despite a drop in revenue to RM1.65 billion from RM1.68 billion. The higher earnings

KKB records 34.7 per cent jump in group revenue in FY2024

KUCHING: KKB Engineering Bhd has chalked up a 34.7 per cent jump in group revenue to about RM634.3 million in financial year ended Dec 31, 2024 (FY2024) from RM471 million in FY2023 or up by RM163.3 million, driven by mainly the strong performance of its civil construction business. However, the