New Risk • Jun 24
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 43% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (43% net debt to equity). Market cap is less than US$100m (RM292.1m market cap, or US$70.5m). Reported Earnings • May 29
First quarter 2026 earnings released: EPS: RM0.008 (vs RM0.004 in 1Q 2025) First quarter 2026 results: EPS: RM0.008 (up from RM0.004 in 1Q 2025). Revenue: RM191.0m (up 13% from 1Q 2025). Net income: RM6.46m (up 136% from 1Q 2025). Profit margin: 3.4% (up from 1.6% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Aankondiging • Apr 30
Nestcon Berhad, Annual General Meeting, Jun 30, 2026 Nestcon Berhad, Annual General Meeting, Jun 30, 2026, at 10:00 Singapore Standard Time. Location: doubletree by hilton shah alam i-city, finance avenue, 40000 shah alam, Malaysia Reported Earnings • Mar 02
Full year 2025 earnings released: EPS: RM0.015 (vs RM0.011 in FY 2024) Full year 2025 results: EPS: RM0.015 (up from RM0.011 in FY 2024). Revenue: RM723.8m (down 14% from FY 2024). Net income: RM11.5m (up 46% from FY 2024). Profit margin: 1.6% (up from 0.9% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Aankondiging • Jan 27
Nestcon Berhad has completed a Follow-on Equity Offering in the amount of MYR 20.9271 million. Nestcon Berhad has completed a Follow-on Equity Offering in the amount of MYR 20.9271 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 22,820,000
Price\Range: MYR 0.28
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,500,000
Price\Range: MYR 0.385
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 41,500,000
Price\Range: MYR 0.29
Transaction Features: Subsequent Direct Listing New Risk • Nov 30
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings have declined by 1.4% per year over the past 5 years. Minor Risk Market cap is less than US$100m (RM226.9m market cap, or US$54.9m). Reported Earnings • Nov 29
Third quarter 2025 earnings released: EPS: RM0.002 (vs RM0.002 in 3Q 2024) Third quarter 2025 results: EPS: RM0.002 (in line with 3Q 2024). Revenue: RM173.4m (down 16% from 3Q 2024). Net income: RM1.27m (down 1.1% from 3Q 2024). Profit margin: 0.7% (up from 0.6% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Aankondiging • Nov 28
Nestcon Berhad Provides Update on the Status of Material Litigation and Trial Scheduling Reference is made to Nestcon Berhad’s announcements dated 16 August 2024, 28 November 2024, 23 December 2024, 13 February 2025, 26 March 2025 and 31 July 2025 respectively. Unless otherwise stated, the definitions and terms used herein shall have the same meaning as defined in the said announcement. The Board of Directors of the Company announced that it received an update from the Court on 27 November 2025 regarding the scheduling to vacate most of the previously fixed trial dates. At present, the trial dates will proceed for two (2) days on 4 December 2025 and 12 December 2025. The Company will make further announcement as and when deemed appropriate regarding any developments in this matter. Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: RM0.003 (vs RM0.003 in 2Q 2024) Second quarter 2025 results: EPS: RM0.003 (in line with 2Q 2024). Revenue: RM172.2m (down 21% from 2Q 2024). Net income: RM2.35m (up 24% from 2Q 2024). Profit margin: 1.4% (up from 0.9% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • May 30
First quarter 2025 earnings released: EPS: RM0.004 (vs RM0.002 in 1Q 2024) First quarter 2025 results: EPS: RM0.004 (up from RM0.002 in 1Q 2024). Revenue: RM169.8m (down 19% from 1Q 2024). Net income: RM2.74m (up 74% from 1Q 2024). Profit margin: 1.6% (up from 0.8% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Aankondiging • Apr 29
Nestcon Berhad, Annual General Meeting, Jun 23, 2025 Nestcon Berhad, Annual General Meeting, Jun 23, 2025, at 10:00 Singapore Standard Time. Location: doubletree by hilton shah alam i-city,, finance avenue, 40000 shah alam, selangor, Malaysia Reported Earnings • Mar 01
Full year 2024 earnings released: EPS: RM0.011 (vs RM0.005 in FY 2023) Full year 2024 results: EPS: RM0.011 (up from RM0.005 in FY 2023). Revenue: RM838.1m (up 8.1% from FY 2023). Net income: RM7.85m (up 125% from FY 2023). Profit margin: 0.9% (up from 0.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Non Executive Director Roslinda Binti Awang was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 29
Third quarter 2024 earnings released: EPS: RM0.002 (vs RM0.003 in 3Q 2023) Third quarter 2024 results: EPS: RM0.002 (down from RM0.003 in 3Q 2023). Revenue: RM205.3m (down 8.7% from 3Q 2023). Net income: RM1.28m (down 38% from 3Q 2023). Profit margin: 0.6% (down from 0.9% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: RM0.003 (vs RM0.002 in 2Q 2023) Second quarter 2024 results: EPS: RM0.003 (up from RM0.002 in 2Q 2023). Revenue: RM217.0m (up 18% from 2Q 2023). Net income: RM1.90m (up 45% from 2Q 2023). Profit margin: 0.9% (up from 0.7% in 2Q 2023). The increase in margin was driven by higher revenue. Reported Earnings • Jun 04
First quarter 2024 earnings released: EPS: RM0.002 (vs RM0.001 in 1Q 2023) First quarter 2024 results: EPS: RM0.002 (up from RM0.001 in 1Q 2023). Revenue: RM208.5m (up 42% from 1Q 2023). Net income: RM1.58m (up 205% from 1Q 2023). Profit margin: 0.8% (up from 0.4% in 1Q 2023). Aankondiging • May 31
Nestcon Berhad Appoints Nazirah Binti Nazri as Joint Secretary Nestcon Berhad announced appointment of NAZIRAH BINTI NAZRI as Joint Secretary. Date Of Change 30 May 2024. Aankondiging • May 01
Nestcon Berhad, Annual General Meeting, May 30, 2024 Nestcon Berhad, Annual General Meeting, May 30, 2024, at 10:00 Singapore Standard Time. Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: RM0.005 (vs RM0.024 loss in FY 2022) Full year 2023 results: EPS: RM0.005 (up from RM0.024 loss in FY 2022). Revenue: RM775.1m (up 68% from FY 2022). Net income: RM3.49m (up RM18.8m from FY 2022). Profit margin: 0.5% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. New Risk • Jan 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 47% per year over the past 5 years. Earnings have declined by 47% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (5.8% increase in shares outstanding). Market cap is less than US$100m (RM251.4m market cap, or US$53.2m). Market cap is less than US$100m (RM251.4m market cap, or US$53.2m). Aankondiging • Jan 30
Nestcon Berhad has completed a Follow-on Equity Offering in the amount of MYR 23.18165 million. Nestcon Berhad has completed a Follow-on Equity Offering in the amount of MYR 23.18165 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 26,132,000
Price\Range: MYR 0.325
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 13,000,000
Price\Range: MYR 0.36
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 12,250,000
Price\Range: MYR 0.435
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 13,000,000
Price\Range: MYR 0.36
Transaction Features: Subsequent Direct Listing Reported Earnings • Nov 29
Third quarter 2023 earnings released: EPS: RM0.003 (vs RM0.002 loss in 3Q 2022) Third quarter 2023 results: EPS: RM0.003 (up from RM0.002 loss in 3Q 2022). Revenue: RM224.9m (up 91% from 3Q 2022). Net income: RM2.06m (up RM3.47m from 3Q 2022). Profit margin: 0.9% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: RM0.002 (vs RM0.004 in 2Q 2022) Second quarter 2023 results: EPS: RM0.002 (down from RM0.004 in 2Q 2022). Revenue: RM184.0m (up 75% from 2Q 2022). Net income: RM1.31m (down 53% from 2Q 2022). Profit margin: 0.7% (down from 2.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Reported Earnings • May 30
First quarter 2023 earnings released: EPS: RM0.001 (vs RM0.003 in 1Q 2022) First quarter 2023 results: EPS: RM0.001 (down from RM0.003 in 1Q 2022). Revenue: RM146.7m (up 56% from 1Q 2022). Net income: RM518.0k (down 71% from 1Q 2022). Profit margin: 0.4% (down from 1.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Aankondiging • May 30
Nestcon Berhad Announces Re-Designation of Risk Management Committee to Sustainability and Risk Management Committee The Board of Directors of Nestcon Berhad announced that the Risk Management Committee had been re-designated and now known as Sustainability and Risk Management Committee ("SRMC") with effect from 29 May 2023. The expanded oversight functions of the SRMC now include managing sustainability matters within Nestcon. The composition of the SRMC is as follows:- Yeoh Sheong Lee (Chairman), Nor Azzam Bin Abdul Jalil (Member), Roslinda Binti Awang @ Mat Yazid (Member) and Datuk Ir. Dr. Lim Jee Gin (Member). Reported Earnings • Feb 28
Full year 2022 earnings released: RM0.023 loss per share (vs RM0.022 profit in FY 2021) Full year 2022 results: RM0.023 loss per share (down from RM0.022 profit in FY 2021). Revenue: RM461.5m (up 29% from FY 2021). Net loss: RM15.3m (down 226% from profit in FY 2021). Reported Earnings • Nov 25
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: RM117.6m (up 9.6% from 3Q 2021). Net loss: RM1.41m (down 122% from profit in 3Q 2021). Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non Executive Director Roslinda Binti Awang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 26
Second quarter 2022 earnings released Second quarter 2022 results: EPS: RM0.004. Net income: RM2.77m (up RM2.77m from 2Q 2021). Aankondiging • May 31
Nestcon Berhad Announces Resignation of Ng Shu Fern as Company Secretary Nestcon Berhad announced resignation of Ng Shu Fern as Company Secretary. Date of change is 30 May 2022. Reported Earnings • May 31
First quarter 2022 earnings released First quarter 2022 results: EPS: RM0.003. Revenue: RM94.3m (flat on 1Q 2021). Net income: RM1.77m (up RM1.77m from 1Q 2021). Profit margin: 1.9% (up from null in 1Q 2021). Aankondiging • May 02
Nestcon Berhad, Annual General Meeting, Jun 22, 2022 Nestcon Berhad, Annual General Meeting, Jun 22, 2022, at 10:00 China Standard Time. Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2021 together with the Reports of the Directors and Auditors thereon; to consider directorate reelections; to re-appoint Ecovis Malaysia PLT as the Auditors of the Company for the upcoming year and to authorise the Directors to fix their remuneration; and to consider other matters. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non Executive Director Binti Roslinda was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 02
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: RM0.019 (down from RM1.38 in FY 2020). Revenue: RM358.3m (up 4.0% from FY 2020). Net income: RM12.2m (down 15% from FY 2020). Profit margin: 3.4% (down from 4.2% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Board Change • Jan 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non Executive Director Binti Roslinda was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.