Reported Earnings • May 26
Second quarter 2026 earnings released: EPS: RM0.006 (vs RM0.008 in 2Q 2025) Second quarter 2026 results: EPS: RM0.006 (down from RM0.008 in 2Q 2025). Revenue: RM33.9m (down 41% from 2Q 2025). Net income: RM10.2m (down 26% from 2Q 2025). Profit margin: 30% (up from 24% 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 53% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 03
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: RM0.018. Revenue: RM248.6m (up 46% from FY 2024). Net income: RM33.4m (up 2.6% from FY 2024). Profit margin: 13% (down from 19% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 47%. Duyuru • Jan 29
AuMas Resources Berhad, Annual General Meeting, Mar 26, 2026 AuMas Resources Berhad, Annual General Meeting, Mar 26, 2026, at 10:00 Singapore Standard Time. Location: western hall, la hotel, mpt no 299, jalan st patrick (off jalan belunu), 91000, tawau, sabah, Malaysia Duyuru • Jan 02
AuMas Resources Berhad and Wullersdorf Resources Sdn Bhd Provides Update on Material Litigation AuMas Resources Berhad announced that Reference is made to the Company’s announcements made on 19 December 2025, 23 December 2025 and 26 December 2025, in relation to the Writ of Summon and Statement of Claim received by the Company and its wholly-owned subsidiary, Wullersdorf Resources Sdn. Bhd. ("Defendants") from Southsea Gold Sdn. Bhd. ("Plaintiff" or “SGSB”), High Court of Sabah and Sarawak at Tawau Civil Suit No. TWU-22NCVC-30-10/2025 (HC)(“Announcements”). Unless otherwise stated, all abbreviations used herein shall have the same meaning as those mentioned in the Announcements. The Board of Directors of AuMAS wishes to inform that the Company wishes to announce the following additional information: At the date of this response, there is no court order terminating the Sub-Lease Agreement. The Sub-Lease Agreement remains valid and enforceable, and WRSB continues its mining operations in the ordinary course. If the Court were to grant an order terminating the Sub-Lease Agreement, the operational impact on WRSB would depend on the scope, timing and terms of such order, including any stay, transitional arrangements or regulatory directions that may be imposed. As the legal proceedings are ongoing, the Company is unable to determine or quantify the operational impact at this stage. It should be noted that on 4 December 2023, the High Court of Sabah and Sarawak at Sandakan granted an inter partes injunction against the Plaintiff in Civil Suit No. SDK-22NCvC-11-6/2023, which remains in force. Pursuant to the injunction, the Plaintiff is restrained, inter alia, from hindering WRSB’s operations, including WRSB’s use and enjoyment of the land under the Sub-Lease Agreement and the use of facilities constructed for its operations, pending the disposal of the action. The Company has been advised by its legal advisors that it has a strong legal basis to defend and resist the claims. At present, the EIA report and approval remain valid and operative, and WRSB continues to conduct its mining activities under the existing regulatory framework. Duyuru • Nov 28
AuMas Resources Berhad Announces Third Interim Single-Tier Dividend for the Financial Year Ended 30 September 2025, Payable on 23 December 2025 AuMas Resources Berhad announced Third Interim Single-Tier Dividend of MYR 0.015 for the financial year ended 30 September 2025. The Company's securities will be traded and quoted "Ex - Dividend” as from: 05 December 2025. The last date of lodgment: 08 December 2025. Date Payable: 23 December 2025. Declared Dividend • Nov 26
Final dividend of RM0.015 announced Dividend of RM0.015 is the same as last year. Ex-date: 5th December 2025 Payment date: 23rd December 2025 Dividend yield will be 3.5%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not covered by earnings (112% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 24% to bring the payout ratio under control. EPS is expected to grow by 88% over the next 2 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Nov 23
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: RM0.019. Revenue: RM248.6m (up 46% from FY 2024). Net income: RM33.8m (up 3.8% from FY 2024). Profit margin: 14% (down from 19% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Metals and Mining industry in Malaysia. New Risk • Nov 10
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 7.7% 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: Major Risk High level of non-cash earnings (38% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (9.2% net profit margin). New Risk • Aug 31
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.2% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (9.2% net profit margin). Reported Earnings • Aug 31
Third quarter 2025 earnings released: RM0.011 loss per share (vs RM0.007 profit in 3Q 2024) Third quarter 2025 results: RM0.011 loss per share (down from RM0.007 profit in 3Q 2024). Revenue: RM29.6m (down 53% from 3Q 2024). Net loss: RM19.9m (down 279% from profit in 3Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 06
Upcoming dividend of RM0.01 per share Eligible shareholders must have bought the stock before 13 June 2025. Payment date: 11 July 2025. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Malaysian dividend payers (5.6%). Higher than average of industry peers (1.9%). Duyuru • May 31
AuMas Resources Berhad Announces Second Interim Single-Tier Dividend for the Financial Year Ending 30 September 2025, Payable on 11 July 2025 AuMas Resources Berhad announced Second Interim Single-Tier Dividend of MYR 0.01 for the financial year ending 30 September 2025. The above Company's securities will be traded and quoted "Ex - Dividend” as from: 13 June 2025. The last date of lodgment: 16 June 2025. Date Payable: 11 July 2025. Reported Earnings • May 30
Second quarter 2025 earnings released: EPS: RM0.008 (vs RM0.007 in 2Q 2024) Second quarter 2025 results: EPS: RM0.008 (up from RM0.007 in 2Q 2024). Revenue: RM57.2m (down 8.0% from 2Q 2024). Net income: RM13.8m (up 24% from 2Q 2024). Profit margin: 24% (up from 18% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. 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 8.1% 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: Major Risk Shareholders have been substantially diluted in the past year (47% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Duyuru • Mar 28
AuMas Resources Berhad Announces Resignation of Hiew Vun Pui as Joint Secretary, Effective 31 March 2025 AuMas Resources Berhad announced resignation of Hiew Vun Pui as Joint Secretary, Date of change is 31 March 2025. Reported Earnings • Jan 29
Full year 2024 earnings released: EPS: RM0.025 (vs RM0.001 in FY 2023) Full year 2024 results: EPS: RM0.025 (up from RM0.001 in FY 2023). Revenue: RM169.8m (up 27% from FY 2023). Net income: RM32.5m (up RM31.8m from FY 2023). Profit margin: 19% (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 increased by 54% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Duyuru • Jan 23
AuMas Resources Berhad, Annual General Meeting, Feb 28, 2025 AuMas Resources Berhad, Annual General Meeting, Feb 28, 2025, at 10:00 Singapore Standard Time. Location: nexus, connexion conference & events centre, reflexion function room (nexus, level 3a), the oak room (nexus, level 3), bangsar south city, no. 7, jalan kerinchi, 59200 kuala lumpur, Malaysia New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 47% 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 Risk Shareholders have been substantially diluted in the past year (47% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). Upcoming Dividend • Nov 28
Upcoming dividend of RM0.015 per share Eligible shareholders must have bought the stock before 05 December 2024. Payment date: 23 December 2024. Trailing yield: 3.6%. Lower than top quartile of Malaysian dividend payers (4.9%). Higher than average of industry peers (1.9%). Reported Earnings • Nov 23
Full year 2024 earnings released: EPS: RM0.025 (vs RM0.001 in FY 2023) Full year 2024 results: EPS: RM0.025 (up from RM0.001 in FY 2023). Revenue: RM169.8m (up 27% from FY 2023). Net income: RM32.5m (up RM31.8m from FY 2023). Profit margin: 19% (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 increased by 54% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. New Risk • Aug 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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: Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Shareholders have been diluted in the past year (17% increase in shares outstanding). New Risk • Aug 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Shareholders have been diluted in the past year (11% increase in shares outstanding). New Risk • Aug 05
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). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Board Change • May 01
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. Independent & Non Executive Director Kenny Sim is the most experienced director on the board, commencing their role in 2015. 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 • Feb 03
Full year 2023 earnings released: EPS: RM0.001 (vs RM0.005 in FY 2022) Full year 2023 results: EPS: RM0.001 (down from RM0.005 in FY 2022). Revenue: RM133.9m (down 16% from FY 2022). Net income: RM674.1k (down 89% from FY 2022). Profit margin: 0.5% (down from 3.7% in FY 2022). Over the last 3 years on average, earnings per share has increased by 135% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Duyuru • Jan 31
Bahvest Resources Berhad, Annual General Meeting, Mar 22, 2024 Bahvest Resources Berhad, Annual General Meeting, Mar 22, 2024, at 10:00 Singapore Standard Time. Location: Matahari 3 and 4, Level 5, Cititel Mid Valley, Lingkaran Syed Putra, Mid Valley City Kuala Lumpur Malaysia Agenda: To consider receive the Audited Financial Statements for the financial period ended 30 September 2023 together with the Reports of the Directors and Auditors thereon; to consider approve the payment of Directors' Fees and Benefits to the Non-Executive Directors up to an amount of RM500,000 for the period from the conclusion of the 19th AGM until the next Annual General Meeting of the Company; to consider re-elect the Directors; and to consider other business matters. Reported Earnings • Nov 30
Full year 2023 earnings released: EPS: RM0.001 (vs RM0.005 in FY 2022) Full year 2023 results: EPS: RM0.001 (down from RM0.005 in FY 2022). Revenue: RM133.9m (down 16% from FY 2022). Net income: RM674.0k (down 89% from FY 2022). Profit margin: 0.5% (down from 3.7% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 135% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Duyuru • Nov 02
Bahvest Resources Berhad Announces Resignation of Mr. Yin Kong Fung as Executive Chairman Bahvest Resources Berhad announced Resignation of MR YIN KONG FUNG as Executive Chairman. Date of change 01 Nov. 2023. Nationality: Malaysia. Age 45 Gender: Male. Reason To explore other opportunities. Duyuru • Oct 12
Bahvest Resources Berhad Announces Resignation of Sim Oie Ten as Joint Secretary Bahvest Resources Berhad announced resignation of Sim Oie Ten as Joint Secretary with effect from October 11, 2023. Board Change • Oct 06
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent & Non Executive Director Kenny Sim is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Duyuru • Sep 12
Bahvest Resources Berhad Appoints Wong Ji Yung as Executive Director Bahvest Resources Berhad announced appointment of Mr. Wong Ji Yung as executive director. Date of change is 11 September 2023. Age: 41. Qualifications: Professional Qualification: Others, Association of Certified Fraud Examiners (ACFE); Professional Qualification, Accounting, Association of Chartered Certified Accountants (ACCA); Degree, Bachelor Accounting and Financial Management University of Sheffield. Working experience and occupation: Mr. Wong is a Fellow of the Chartered Association of Certified Accountants and a Certified Fraud Examiner. He began his career in 2003 with an audit firm, KPMG until he left the firm in 2009 for the corporate sector from year 2010 to 2013, including with Huawei in Saudi Arabia as the Country Business Controller. Most recently, he held the role of Head of Trading & Marketing of Green Edible Oil Sdn Bhd, the palm oil refinery and trading arm of Kretam Holdings Berhad. His experience covers financial management, internal control and risk management, commodities trading and sustainability. Duyuru • Aug 03
Bahvest Resources Berhad Appoints Yin Kong Fung as Executive Director Bahvest Resources Berhad announced the appointment of Mr. Yin Kong Fung as Executive Director of the company. Date of change: August 1, 2023. Age: 45. Professional Qualification: Accounting, Member of Malaysian Institute of Accountants(MIA) and Member of Certified Practising Accountant(CPA Australia). Degree: Bachelor of Commerce Degree in Accounting and Banking, Curtin University; Diploma: Post-Graduate Diploma in E-commerce, Murdoch University. Working experience and occupation: He started his career as an Accountant with JGC Accounting & Financial Services Pty Ltd. in Perth, Australia in 2001. On his return to Malaysia in 2004, he worked briefly for Campo Sdn Bhd before joining Priceworth International Products Berhad as an Accountant until 2007. In 2007, he joined CGG as an Accountant and was promoted in 2013 to Senior Accountant, a position he held until he resigned in 2015. In 2016, he joined Kretam Holdings Berhad as a Senior Accountant and was promoted to Head of Department - Finance & Accounts in 2018. Directorships in public companies and listed issuers (if any): Priceworth International Berhad. Duyuru • Jul 07
Bahvest Resources Berhad Resumes Operations Bahvest Resources Berhad announced that following the Company's announcement on 27 June 2023, in regards to the incident that occurred on 22 June 2023, causing a stoppage to plant and factory operations, the Board of Directors are delighted to announce that the Group’s gold mining and processing operations have been resumed smoothly as of 6 July 2023, after the damaged water reservoir bund wall was fully restored. Board Change • Jun 15
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. 1 experienced director. No highly experienced directors. Independent & Non Executive Director Kenny Sim is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Duyuru • May 31
Bahvest Resources Berhad Announces Appointment of Law Ngia Meng as Independent and Non Executive Director Bahvest Resources Berhad announced appointment of Mr. Law Ngia Meng as Independent and Non Executive Director. Age 49, Date of change 26 May 2023. Qualifications: Others-Certificate in Horticulture-Lincoln University, Christchurch, New Zealand and Degree-Bachelor in Applied Computing-Lincoln University, Christchurch, New Zealand. Working experience: 2010 - 2020 Director at Jesselton Welness Sdn. Bhd., a Property Holding and Investments Company managing the purpose built medical centre leased to Gleneagles Kota Kinabalu. 2010 - 2020 Director at Riverson Corporation Sdn. Bhd., a Property Development Company with a mixed-commercial development portfolio including Gleneagles Kota Kinabalu and a 10 storey complex comprising SOHO, offices and retail lots located in Kota Kinabalu, Sabah. 2021 - Present Currently a Director of LL Prospect Sdn. Bhd. an Oil Palm Plantation Company. 2021 - Present Currently an Executive Director of Infraharta Holdings Berhad, a Construction, Property Development and Property Investments Company. Duyuru • May 30
Bahvest Resources Berhad Appoints Chong Tzu Khenc as Executive Director Bahvest Resources Berhad appointed Chong Tzu Khenc as Executive Director, effective May 26, 2023. Qualifications: Master of Financial Planning, University of Sunshine Coast, Queensland, Australia. Post-Graduate Certificate in Sustainable Aquaculture. University of St. Andrews, Scotland. Undergraduate Certificate in Sustainable, Aquaculture.University of St. Andrews, Scotland. Mr. Chong Tzu Khen was the director of Wullersdorf Resources Sdn Bhd, a wholly owned subsidiary of Bahvest. He was also the Finance Manager of Bahvest and its group of companies. He is a director of Wullersdorf Resources II Sdn. Bhd. and the managing director of Teguh Niagamaju Sdn. Bhd. He was appointed as a Committee to the Advisory Board of Polytechnic Sandakan, Sabah for a term of two years on 12 October 2017. He obtained a Post-Graduate Certificate in Sustainable Aquaculture (Vertebrates) and an Undergraduate Certificate in Sustainable Aquaculture from University of St. Andrews, Scotland, UK on 10 April 2018 and 1 May 2014 respectively and the degree of Master of Financial Planning (MFP) from University of Sunshine Coast, Queensland on 18 May 2007. He is a Fellow member of Malaysian Association of Company Secretaries and he was granted a certificate of practice by MACS on 10 October 2017. He was attached to P.L.Yap & Co., a firm of Public Accountants from 1976 to 1980 as an Audit Assistant. In 1980, he joined Jetniyo Sdn. Bhd. as an Accounts Executive. In 1985, he set up his own Company under the name of T.K.Chong Commercial Services, a firm of providing bookkeeping service to Companies in Sandakan. In 1995, he joined Cepatwawasan Sdn. Bhd. as a Company Secretary and Account in charge for the group of companies. From 2001 to February 2004, he was promoted to the Personal Assistant to the Managing Director of Cepatwawasan Group Berhad. He joined Bahvest in 2004 till 26 April 2023. Reported Earnings • May 30
Full year 2023 earnings released: RM0.009 loss per share (vs RM0.01 profit in FY 2022) Full year 2023 results: RM0.009 loss per share (down from RM0.01 profit in FY 2022). Revenue: RM142.7m (down 4.4% from FY 2022). Net loss: RM10.6m (down 186% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 25
Third quarter 2023 earnings released: RM0.004 loss per share (vs RM0.007 loss in 3Q 2022) Third quarter 2023 results: RM0.004 loss per share (improved from RM0.007 loss in 3Q 2022). Revenue: RM23.3m (up 6.6% from 3Q 2022). Net loss: RM5.11m (loss narrowed 39% from 3Q 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 12% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 26
Second quarter 2023 earnings released: EPS: RM0.002 (vs RM0.007 in 2Q 2022) Second quarter 2023 results: EPS: RM0.002 (down from RM0.007 in 2Q 2022). Revenue: RM42.2m (down 3.3% from 2Q 2022). Net income: RM2.70m (down 70% from 2Q 2022). Profit margin: 6.4% (down from 21% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Board Change • Nov 16
High number of new directors Independent and Non Executive Director Rohaiza Binti Tan Sri Mohamed Puan was the last director to join the board, commencing their role in 2022. Reported Earnings • Jul 31
Full year 2022 earnings released: EPS: RM0.01 (vs RM0.011 loss in FY 2021) Full year 2022 results: EPS: RM0.01 (up from RM0.011 loss in FY 2021). Revenue: RM149.3m (up 56% from FY 2021). Net income: RM12.4m (up RM26.6m from FY 2021). Profit margin: 8.3% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.