Aneka Jaringan is cautiously optimistic about the future


Aneka Jaringan managing director Pang Tse Fui

KUALA LUMPUR: Aneka Jaringan Holdings Bhd is cautiously optimistic about its performance in the upcoming financial quarters, according to managing director Pang Tse Fui.

“To date, we have secured a total of RM304.9mil in new projects, with the most recent projects secured since the last interim quarterly report amounting to RM193.3mil. With these new projects, our focus remains on timely execution,” Pang said in a statement.

He added that PT Aneka Jaringan Indonesia (PTAJI) continued to meet its growth expectations, contributing positively to the group's performance.

As of third quarter ended May 31 (3Q23), Aneka Jaringan’s total order book stood at RM95.2mil, of which Malaysian operations contributed RM88.9mil, with Indonesian operations contributing RM6.3mil.

Aneka Jaringan’s net loss narrowed to RM3.7mil, or loss per share of 0.63 sen in 3Q compared with RM7.9mil, or 1.46 sen.

Revenue, however, rose 10% to RM41.2mil from RM37.5mil.

In the first nine months to May 31, Aneka Jaringan posted a net loss of RM13.2mil on revenue of RM137.1mil.

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Aneka Jaringan , Pang Tse Fui

   

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