Propel Global continues to navigate through challenging market


Propel Global group chief executive officer Angeline Lee

KUALA LUMPUR: Propel Global Bhd is fully committed to seizing opportunities from the National Energy Transition Roadmap and the New Industrial Master Plan 2030, aligning with the government's initiatives in the 12th Malaysia Plan.

“With our expertise in oil and gas (O&G) and construction, we're poised for future success. Our dedication remains firm in delivering innovative solutions and value to all stakeholders,” executive director Angeline Lee said in a statement.

In line with the group’s strategic direction, Propel Global is expanding its capabilities in O&G and technical services segments, focusing on engineering, technical and technology services.

Propel Global posted a lower net profit of RM32,000 in the first quarter ended Sept 30 compared with RM3.05mil in the same period last year.

The provider of O&G services posted a higher revenue of RM27.6mil from RM18.1mil.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Propel Global

   

Next In Business News

Ringgit to exhibit softness in thin trading next week
Slow going for O&G
Stay the course in Malaysia’s growth
SET to grow amid volatility
Bond option for retirees
Store brand glow attracts shoppers to Costco, dims Van Cleef
Raising The Standard in Singapore
Minimal relief for shareholders
Government to decide on new electricity tariffs
Top Glove’s recovery pace may fall short of expectations

Others Also Read