KUALA LUMPUR: Aneka Jaringan Holdings Berhad, a basement and foundation construction specialist, reported a turnaround in its financial performance fo...
KUALA LUMPUR: Aneka Jaringan Holdings Berhad, a basement and foundation construction specialist, reported a turnaround in its financial performance for the fourth quarter ended Aug 31, 2023 . The Group reported a revenue of RM51.52 million, a 1.10% increase compared to RM50.95 million in the corresponding quarter of the previous financial year .
For the full financial year ending Aug 31, 2023 , the Group’s generated a total revenue of RM188.58 million, up 9.59% from RM172.08 million in the previous year. The gross profit also improved significantly, transitioning from a gross loss of RM8.07 million in FY 2022 to a gross profit of RM8.61 million in FY 2023.
Marking yet another major milestone, PT Aneka Jaringan Energy, the Group’s Indonesian subsidiary specialising in the EPC of Solar Photovolatic systems had received its first purchase order for the feasibility study of a 30MWp solar farm project in West Java, valued at IDR450.0 million . Aneka Jaringan managing director Pang Tse Fui said, “Our entry into the Indonesian renewable energy sector through PT Aneka Jaringan Energy is a particularly exciting development. Securing our first purchase order for a feasibility study for a 30MWp solar project in West Java is a significant milestone. We are confident in our team in Indonesia and we hope to see more projects in the months ahead.
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