KUALA LUMPUR: Aneka Jaringan Holdings Bhd has maintained a cautiously optimistic outlook for the financial year ending Aug 31, 2024 (FY24).
“We maintain a cautiously optimistic outlook for the financial year ending Aug 31, 2024 and anticipate continued growth in our key revenue streams, driven by our strategic investments in innovation and cost-efficiency measures, which we believe will help us navigate potential economic uncertainties and maintain our commitment to delivering value to our stakeholders,” managing director Pang Tse Fui said in a statement.
The basement and foundation construction specialist posted a net profit of RM588,000, or earnings per share of 0.09 sen in the fourth quarter ended Aug 31 (4Q23) against a net loss of RM12.1mil, or loss per share of 2.05 sen.
Revenue climbed to RM51.5mil from RM50.9mil last year. For FY23, Aneka posted a smaller net loss of RM12.6mil while revenue grew 9.6% to RM188.6mil.
As of 4Q23, Aneka’s total order book has grown substantially to RM295.8mil, with Malaysian operations contributing RM282.87mil and a notable increase from Indonesian operations contributing RM12.94mil.