Reported Earnings • May 28
Third quarter 2026 earnings released: EPS: RM0.006 (vs RM0.017 in 3Q 2025) Third quarter 2026 results: EPS: RM0.006 (down from RM0.017 in 3Q 2025). Revenue: RM83.7m (down 4.5% from 3Q 2025). Net income: RM3.46m (down 59% from 3Q 2025). Profit margin: 4.1% (down from 9.5% in 3Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 11
Second quarter 2026 earnings released: EPS: RM0.013 (vs RM0.012 in 2Q 2025) Second quarter 2026 results: EPS: RM0.013 (up from RM0.012 in 2Q 2025). Revenue: RM79.4m (down 5.0% from 2Q 2025). Net income: RM7.20m (up 19% from 2Q 2025). Profit margin: 9.1% (up from 7.3% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Board Change • Dec 11
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. 1 highly experienced director. Executive Chairman Abdul Bin Sheikh Fadzir is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 28
First quarter 2026 earnings released: EPS: RM0.011 (vs RM0.011 in 1Q 2025) First quarter 2026 results: EPS: RM0.011 (in line with 1Q 2025). Revenue: RM81.2m (up 2.8% from 1Q 2025). Net income: RM6.14m (up 15% from 1Q 2025). Profit margin: 7.6% (up from 6.7% 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 9% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Announcement • Nov 03
Destini Berhad to Report Fiscal Year 2025 Results on Nov 07, 2025 Destini Berhad announced that they will report fiscal year 2025 results at 5:00 PM, Singapore Standard Time on Nov 07, 2025 Announcement • Oct 30
Destini Berhad, Annual General Meeting, Dec 02, 2025 Destini Berhad, Annual General Meeting, Dec 02, 2025, at 10:00 Singapore Standard Time. Location: meeting room, 1st floor, annex building, destini berhad, no. 10, jalan jurunilai u1/20, hicom glenmarie industrial park, selangor, 40150 shah alam Malaysia Reported Earnings • Jul 31
Full year 2025 earnings released: EPS: RM0.061 (vs RM0.56 loss in FY 2024) Full year 2025 results: EPS: RM0.061 (up from RM0.56 loss in FY 2024). Revenue: RM340.5m (up 307% from FY 2024). Net income: RM28.2m (up RM165.1m from FY 2024). Profit margin: 8.3% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 23% per year. New Risk • Jun 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (RM219.6m market cap, or US$52.0m). Reported Earnings • May 29
Third quarter 2025 earnings released: EPS: RM0.017 (vs RM0.20 loss in 3Q 2024) Third quarter 2025 results: EPS: RM0.017 (up from RM0.20 loss in 3Q 2024). Revenue: RM87.7m (up 176% from 3Q 2024). Net income: RM8.35m (up RM105.6m from 3Q 2024). Profit margin: 9.5% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 29 percentage points per year, which is a significant difference in performance. Announcement • May 10
Destini Berhad has filed a Follow-on Equity Offering in the amount of MYR 23.28944 million. Destini Berhad has filed a Follow-on Equity Offering in the amount of MYR 23.28944 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 66,541,257
Price\Range: MYR 0.35
Transaction Features: Subsequent Direct Listing New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (RM144.7m market cap, or US$32.3m). Board Change • Feb 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Executive Chairman Abdul Bin Sheikh Fadzir is the most experienced director on the board, commencing their role in 2012. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Dec 26
Destini Berhad Announces Redesignation of Dato' Abd Aziz Bin Haji Sheikh Fadzir from Non Executive Chairman to Executive Chairman Destini Berhad announced redesignation of Dato' Abd Aziz Bin Haji Sheikh Fadzir from previous position of Non Executive Chairman to new position of Executive Chairman, age 61, date of change is 23 December 2024. Announcement • Dec 06
Techno Fibre (S) PTE LTD agreed to acquire Trovon Group Pty Ltd from Trovon Investor Trust, Trovon Convertible Note Trust, PhiQ Group Pty Ltd, Marinos Trust and Hanegraaf Family Trust for AUD 100. Techno Fibre (S) PTE LTD entered into a conditional share sale deed to acquire Trovon Group Pty Ltd from Trovon Investor Trust, Trovon Convertible Note Trust, PhiQ Group Pty Ltd, Marinos Trust and Hanegraaf Family Trust for AUD 100 on December 5, 2024. A cash consideration of AUD 100 will be paid by Techno Fibre (S) PTE LTD. As part of consideration, AUD 100 is paid towards common equity of Trovon Group Pty Ltd. The transaction will be financed through equity investment of AUD 100. After completion of the acquisition, Destini agrees to settle the remaining debt under the Loan Agreements amounting to AUD 3.25 million as well as provide an additional of AUD1.00 million to TGPL.
The expected completion of the transaction is December 5, 2024 to December 31, 2024. Announcement • Oct 30
Destini Berhad, Annual General Meeting, Dec 02, 2024 Destini Berhad, Annual General Meeting, Dec 02, 2024, at 10:00 Singapore Standard Time. Location: meeting room, 1st floor annex building, destini berhad, no. 10, jalan jurunilai u1/20, hicom glenmarie industrial park, 40150 shah alam, selangor, Malaysia New Risk • Sep 17
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -RM89m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM89m free cash flow). Shareholders have been substantially diluted in the past year (200% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (RM124.8m market cap, or US$29.2m). New Risk • Sep 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (200% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (RM124.8m market cap, or US$29.0m). Announcement • Apr 23
Destini Berhad Announces Resignation of Datuk Kabol Bin Surat as Executive Director Destini Berhad announced resignation of DATUK KABOL BIN SURAT as Executive Director due to his personal commitments. Date of change is April 23, 2024. Age is 63. New Risk • Mar 31
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 200% This is considered a major 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 Share price has been highly volatile over the past 3 months (24% average weekly change). Shareholders have been substantially diluted in the past year (200% increase in shares outstanding). Minor Risk Market cap is less than US$100m (RM149.7m market cap, or US$31.7m). Reported Earnings • Mar 02
Full year 2023 earnings released: RM0.01 loss per share (vs RM0.018 loss in FY 2022) Full year 2023 results: RM0.01 loss per share (improved from RM0.018 loss in FY 2022). Revenue: RM107.4m (down 42% from FY 2022). Net loss: RM16.2m (loss narrowed 46% from FY 2022). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. New Risk • Feb 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risk Market cap is less than US$100m (RM166.4m market cap, or US$34.9m). Reported Earnings • Nov 24
Third quarter 2023 earnings released: RM0.004 loss per share (vs RM0.001 loss in 3Q 2022) Third quarter 2023 results: RM0.004 loss per share (further deteriorated from RM0.001 loss in 3Q 2022). Revenue: RM22.0m (down 24% from 3Q 2022). Net loss: RM6.80m (loss widened 324% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: RM0.001 (vs RM0.001 loss in 2Q 2022) Second quarter 2023 results: EPS: RM0.001 (up from RM0.001 loss in 2Q 2022). Revenue: RM37.8m (up 16% from 2Q 2022). Net income: RM1.73m (up RM3.02m from 2Q 2022). Profit margin: 4.6% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Announcement • Jul 11
Destini Berhad Announces Redesignation of Dato' Abd Aziz Bin Haji Sheikh Fadzir to Non-Independent Director from Independent Director Destini Berhad announced Redesignation of DATO' ABD AZIZ BIN HAJI SHEIKH FADZIR to Non-Independent Director from Independent Director. Date of change 10 Jul 2023. Age 60. Gender Male. Nationality Malaysia. Announcement • Jul 06
Destini Berhad Appoints Abd Aziz Bin Haji Sheikh Fadzir as Independent and Non Executive Director Destini Berhad appointed Abd Aziz Bin Haji Sheikh Fadzir as Independent and Non Executive Director. His age is 60 and nationality is Malaysia. Date of change is 5 July 2023. Qualifications: Degree in Bachelor of Science in Accounting from Indiana University - Indiana, United States of America. Working experience and occupation: Dato' Abd Aziz served in several constructions and property development companies prior to joining Gold Bridge Engineering and Construction Berhad as the Executive Director in charge of the overall management and operations since 1989.Formerly, he served as a board member of several public listed companies namely Kretam Holdings Berhad, Safeguard Corporation Berhad, Utusan (Melayu) Malaysia Berhad and TH Heavy Engineering Berhad. He was also an Independent Non-Executive Director of Destini Berhad from 30 August 2017 until 18 May 2018.Dato' Abd Aziz also served in the Board of Government Investment Companies and Agencies namely Universiti Utara Malaysia, Tourism Malaysia, Rangkaian Hotel Seri Malaysia Sdn Bhd, Kedah State Economic Development Corporation and Suria Strategic Energy Resources Sdn Bhd. Board Change • Jun 23
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Executive Director & CEO of Destini Prima Sdn Bhd Kabol Bin Surat is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Jun 02
First quarter 2023 earnings released: RM0.004 loss per share (vs RM0 in 1Q 2022) First quarter 2023 results: RM0.004 loss per share (further deteriorated from RM0 in 1Q 2022). Revenue: RM19.4m (down 26% from 1Q 2022). Net loss: RM7.19m (down RM7.75m from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Board Change • Jun 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent & Non Executive Director Azhar Bin Azizan was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 03
Full year 2022 earnings released: RM0.019 loss per share (vs RM0.002 profit in FY 2021) Full year 2022 results: RM0.019 loss per share (down from RM0.002 profit in FY 2021). Revenue: RM186.4m (up 7.2% from FY 2021). Net loss: RM31.7m (down RM34.8m from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Announcement • Feb 16
Destini Berhad Announces the Resignation of Puan Norzilah Binti Mohammed as Executive Director Destini Berhad announced the resignation of Puan Norzilah Binti Mohammed as Executive Director of the company with effect from February 15, 2023. Reason: To pursue her personal interest. Announcement • Dec 17
Destini Berhad Announces Retirement of Encik Muhayuddin Bin Musa as Group Chief Executive Officer, Effective December 18, 2022 Destini Berhad announced retirement of Encik Muhayuddin Bin Musa as Group Chief Executive Officer. Date of change is December 18, 2022. Age is 60. Reported Earnings • Dec 03
Third quarter 2022 earnings released: RM0.001 loss per share (vs RM0 in 3Q 2021) Third quarter 2022 results: RM0.001 loss per share (further deteriorated from RM0 in 3Q 2021). Revenue: RM28.9m (up 27% from 3Q 2021). Net loss: RM1.61m (down RM1.72m from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Announcement • Nov 02
Avia Technique Ltd acquired 45% stake in Destini Avia Technique Sdn. Bhd from Destini Berhad (KLSE:DESTINI) for MYR2.9 million. Avia Technique Ltd acquired 45% stake in Destini Avia Technique Sdn. Bhd from Destini Berhad (KLSE:DESTINI) for MYR2.9 million on November 1, 2022.Avia Technique Ltd completed the acquisition of 45% stake in Destini Avia Technique Sdn. Bhd from Destini Berhad (KLSE:DESTINI) for MYR2.9 million on November 1, 2022.